Cyprus pledged to clean up its banks and its national budget in exchange for a 10 billion euro bailout. And depositers will be bearing some of the burden.
Greece will exit its stability program on Monday. How has the Greek economy developed since austerity was imposed in 2010? And is Greece prepared to meet the budgetary targets? A data analysis provides answers.
Germany's Finance Minister Olaf Scholz called the Greek bailout a success and a sign of EU solidarity. But the country still faces decades of debt repayment and economic recovery.
On Monday, Greece exits the third and final bailout program of a nine-year debt crisis that has chopped around a quarter off the country's economy. DW looks back at key moments from Greece's traumatic decade.
Debt relief measures for Greece, agreed by the EU in June, have been estimated to cost €34 billion, a German daily reports. The package gave Athens a 15-year deferral in loan repayments and interest.
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