Greece buoyed by some good news

Greece got a triple dose of good news yesterday when creditors agreed to open talks on a third bailout package to give the country an interim loan to cover its debts and to provide more support to its closed banks.

Greece’s fellow states in the 19-country eurozone said they were willing to open talks on a rescue package worth €85bn over three years after Athens approved a series of tax hikes and economic reforms overnight.

The austerity bill triggered a revolt in the governing party and demonstrations in central Athens, one of which turned violent.