Greece crisis deal

The BBC has an article (and its usual unbloggable video) about the Greek deal:

Eurozone leaders have agreed to offer Greece a third bailout, after marathon talks in Brussels, Belgium. Amid one of the worst crises in the EU's history, the head of the European Commission said the risk of Greece leaving the Eurozone had been averted.
Greek Prime Minister Alexis Tsipras said that after a "tough battle", Greece had secured debt restructuring and a "growth package". The bailout is conditional on Greece passing agreed reforms by Wednesday. These include measures to streamline pensions, raise tax revenue, and liberalize the labor market.
An EU statement spoke of up to 86 billion euros of financing for Greece over three years. Though it included an offer to reschedule Greek debt repayments "if necessary", there was no provision for the reduction in Greek debt, or so-called "haircut", that the Greek government had sought. Parliaments in several Eurozone states also have to approve any new bailout.
"There will not be a 'Grexit'," said European Commission chief Jean-Claude Juncker, referring to the fear that if there had been no deal, Greece could have crashed out of the euro. Tsipras also said he had the "belief and the hope that... the possibility of a 'Grexit' is in the past. The deal is difficult but we averted the pursuit to move state assets abroad," he said. "We averted the plan for a financial strangulation and for the collapse of the banking system."
The Prime Minister returned to Athens after the talks and straight into a meeting with Finance Minister Euclid Tsakalotos and other party officials. Tsipras must get several unpopular measures through the Greek parliament in the next two days, including sales tax increases and pension reforms, to continue the third bailout process.

Rico says his bankruptcy was easier, but it had a lot fewer zeroes in it...