Greece deal boosts stocks in Asia
Asian stock markets rose today after talks over Greece’s financial crisis ended with an agreement on how to reduce its debt load, paving the way for the cash-strapped country to receive the next instalment of a bailout loan.
Finance ministers of the 17 countries that use the euro and representatives of the International Monetary Fund reached an agreement late Monday that will enable Athens to receive €34.4bn immediately and three additional payments in early 2013.
