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Pictured is a poster outside an Athens bank depicts German Finance Minister Wolfgang Schaeuble as a Nazi Among the measures demanded that would directly affect citizens are lifting a ban on Sunday trading for shops, opening up ownership of pharmacies and opening up closed professions such as ferry transport.'I think the terms agreed for the bailout are going to make life very hard for all of us.Interest rates on government borrowing tend to fall and the value of sterling increase as investors seek 'safe haven' from turmoil in the eurozone.But failure would have risked crashing stock markets, financial contagion and an economic slowdown in euro states - all of which would have been very damaging to the UK.While it will not lose control of the assets immediately, in the long term they will be a way of Greece to eventually pay off the bailout loan, with €25 billion will be used to fund recapitalisation of Greek banks and the other €25 billion set aside to pay off Greece's massive debts.
From this sum about €10 billion will be ploughed into Greek banks to recapitalise them and hopefully restart the economy.
Greek Prime Minister Alexis Tsipras has repeatedly pushed the eurozone to the brink of a complete rupture in a bid to secure the best possible deal for his country.
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