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PM denies EU meeting was 'revenge' on Greece

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PM denies EU meeting was 'revenge' on Greece
Spanish Prime Minister Mariano Rajoy has confirmed a third bailout for Greece. Photo: Thierry Charlier/AFP
09:49 CEST+02:00
Spanish Prime Minister, Mariano Rajoy, denied on Monday that this weekend's meeting of Eurozone leaders had been "revenge" against Greece for calling a referendum.

The Spanish PM also confirmed that Eurozone leaders had agreed on a third rescue package for Greece, tweeting:

"We have just finished, there is an agreement. I hope that everyone will comply. We must improve governance in the EU."

Rajoy spoke to reporters at the end of the meeting of Eurozone leaders, including German Chancellor Angela Merkel.

For all the latest follow our live blog over at The Local Germany

"There will be no Grexit," confirmed European Commission head Jean-Claude Juncker.

The struggling southern European country is now scheduled to get between €82 and €86 billion over the next three years. However the Greek parliament must agree to the programme by July 15th with the Bundestag (German parliament) also then voting on the terms and conditions.
 
After news of the deal, the Spanish stock market rose by more than 1 percent, while all other main European stock exchanges - except for Italy's - were on the up, according to Spanish daily El País. 
 
Rajoy had been meeting with other Eurozone leaders in Brussels, emerging with good news for Greece after a mammoth 17-hour overnight meeting. 

A photograph of Rajoy, sitting alone and not joining in a joke shared by other Eurozone leaders including Angela Merkel has gone viral on social media in Spain, with many Spaniards making fun of their prime minister's lack of English:

"Rajoy doesn't know English: This photo has sparked jibes and jokes on Twitter," said the Spanish Huffington Post. 

"Rajoy stays outside of the conversation due to his lack of English," tweeted another user. 

During Sunday evening's negotiations, Pablo Iglesias, the leader of Podemos, Spain's left-wing party and ally of Syriza tweeted, "All our support to the Greek people and their government against the mafia #thisisacoup."

For all the latest follow our live blog over at The Local Germany

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