1. AID

    Euro Stocks Rise on Greek Deal

    Simon Dawson, Bloomberg / Getty Images

    Stocks rose on European markets Tuesday after German Chancellor Angela Merkel secured her country’s approval for a second bailout of Greece. Merkel has warned that Greece must stay in the euro zone and that removing the country would do “incalculable” damage. The latest bailout for Greece totals €130 billion, approximately $175 billion. Analysts say that there is room for European markets to continue to rise, pointing in particular to the German economy’s expected growth over the coming year.

    Read it at Bloomberg