Nearly six months after the election of the radical Syriza coalition, after bank closures and July 5’s bailout referendum, Greece seems to finally have a deal.
Belgium’s Prime Minister simply tweeted the word “agreement.”
The Prime Minister of Malta followed up, tweeting “deal.”
We don’t have full details of what’s been discussed yet, but given the deterioration of the Greek economy and banking system, it seems likely that the deal signed off now will be more austere than the one Prime Minister Alexis Tsipras asked voters to reject in the recent referendum.
Germany and other eurozone states were pushing for a “time out” from the currency union, which quickly became referred to as temporary Grexit. On Saturday, when the Eurogroup of finance ministers was meeting, it seemed like a sudden exit was very much possible.
The marathon session of EU leaders lasted  more than 19 hours, according to Politico’s Ryan Heath. That breaks records for the bloc.
