Zapatero and his fellow Eurozone leaders on Thursday agreed to a sweeping deal that will grant Greece a massive new bailout, and initial reaction from markets and analysts was cautiously positive, the AP reported. Read the full story.
Daniel Ochoa De Olza / AP
Spain's Prime Minister Jose Luis Rodriguez Zapatero is seen before a cabinet meeting at Moncloa Palace in Madrid on July 22. Investors are easing pressure on Spanish markets in reaction to the European Union's new deal to help Greece with another bailout. After days of negative trading Madrid's stock exchange climbed 2 percent just 15 minutes after opening Friday.