Greek debt deal gets mixed reaction

The news their country is likely to avoid defaulting on its debts next month and the euro should remain their currency has been greeted uneasily by Greeks.

The relief engendered by the 17-nation eurozone’s decision to back a new €128bn rescue was offset by a grim reality: Greece faces many more years of sacrifice, on top of a gruelling 24 months of austerity measures that have contributed to record high unemployment and a rapidly contracting economy.