Eurozone leaders have agreed to offer Greece a third bailout following bruising 17－hour－long negotiations in Brussels.
However，... the three－year，... up to 96 billion U.S. dollar bailout，... that should help Greece avoid total economic collapse for now，... is conditional on the Greek parliament passing agreed reforms by Wednesday.
Greece will have to implement the harshest austerity measures yet to be demanded by its creditors， and these include measures to slash pensions， boost tax revenue and liberalize the labor market.
Athens will also have to hand 50 billion euros worth of state assets to a privatization fund as collateral.
And the misery continues for the people of Greece.
The country′s finance ministry saying Greek banks will remain closed until Thursday and ATM withdrawals are still limited to a meager 60 euros a day.
Greece′s banks have been shut since June 28th.
