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Business Matters: Eurogroup Agrees Third Greek Bailout

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Eurogroup Agrees Third Greek Bailout

15/08/2015

BBC World Service - Business Matters, Eurogroup Agrees Third Greek Bailout

The deal has been done - Eurozone finance ministers approve a third bail out for Greece.

A third bailout for Greece has been agreed by finance ministers in Brussels but the International Monetary fund is still questioning the country's ability to repay its huge debts.

After months of wrangling, rows and crisis talks, a third Greek bailout is finally approved and Eurogroup finance ministers have rubber stamped the deal. We get the latest from Brussels with Tom Nuttall of The Economist magazine.

Also on the programme, nine banks have agreed to pay investors two billion dollars in a settlement over the manipulation of exchange rates. We speak to David Scott - from Scott and Scott Attorneys in New York who acted on behalf of some of the claimants.

A smartphone on wheels? That's what Apple is said to be building in the form of a self-driving car, we speak to our Technology Reporter Dave Lee in San Francisco to find out more.

Plus, Kai Ryssdal from our sister programme in the US - Marketplace - talks about finding the best slice of pizza on offer. 

And we're joined throughout the programme by Colin Peacock, from Radio New Zealand in Wellington.

(Photo: President of Eurogroup Jeroen Dijsselbloem (L) and Greek Finance minister Euclid Tsakalotos (R) shake hands at the Eurogroup Finance ministers meeting. Credit: EPA/Olivier Hoslet)

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