Friday's Morning Email: Greece Submits Bailout Proposal

Friday's Morning Email: Greece Submits Bailout Proposal

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"In a significant about-face, the government caved into demands for a new round of austerity measures, including sales tax hikes and cuts in state spending for pensions that the left-leaning Greek government had long resisted. In the text of proposals sent by Athens late Thursday, the government conceded to demands it had previously refused to accept -- mostly on moving various categories of goods and services to higher sales tax rates -- in exchange for a new 53.5 billion-euro ($59 billion) bailout package." European stocks are on the rise after the news, but the Greek economy is "seizing up" as Greeks still fear a Eurozone exit. [AP]

The federal government revealed yesterday that suspected Chinese hackers had sensitive information of 21.5 million federal workers. And that's not counting a separate attack where 4.2 million other federal workers' information was stolen. Here's a primer on what exactly was taken. [Reuters]

"Iran and six world powers passed another milestone on Thursday in their months-long negotiations over Tehran’s controversial nuclear program with still no agreement in place. Their failure to conclude a deal by midnight Thursday doubles the amount of time that Congress has to review the deal once it comes through, to 60 days, before U.S. sanctions can be lifted, casting further uncertainty over its smooth passage through the U.S. legislature." [Charlotte Alfred, HuffPost]

According to Attorney General Loretta Lynch, such benefits include Social Security benefits, veterans benefits and Supplemental Security Income. [Daniel Marans, HuffPost]

Oddly enough, "The pole to which the flag is attached appears to have no mechanism -- no winch, pulley, or rope -- that a person on the ground might use to bring it down." [NYT]

WHAT’S BREWING

Have at it. [WSJ]

Sort of -- you can pick to highlight your top friends at the top of the feed. [HuffPost]

"He had always looked different from his family and wanted different things — a life bigger than the farm. But he never considered the possibility that he might actually be different — that he might not be theirs." [NYT]

And yes, they all still look perfect. [HuffPost]

"Sports-TV powerhouse ESPN, a profit machine that has long towered over the media landscape, is showing signs of stress as the pay-TV industry goes through an unprecedented period of upheaval. A decline in subscribers as customers trim their cable bills, coupled with rising content costs and increased competition, has ESPN in belt-tightening mode, people familiar with the situation say." [WSJ]

These photos should inspire shame for your mobile dependency. [HuffPost]

Erynn Johns' father used it to drag her to safety after she got stuck in a riptide. [HuffPost]

Turns out camping has some serious health benefits. [HuffPost]

WHAT'S WORKING

"One of the biggest problems [Wendy] Burch sees in the way that our society deals with fertility today is the silence. 'I would look at a cover of a magazine with celebrity X, Y or Z at age 40-something and the headline would say: "Miracle babies!" I would think if it can happen to them, it can happen to me,' Burch said." [HuffPost]

ON THE BLOG

"I can only speak for myself, but I think your name is about a lot more than what you write at the bottom of a check or the top of a marriage license. It's...YOU." [HuffPost]

BEFORE YOU GO

~ Becoming a meme is not always a good time.

~ Jennifer Lawrence is all of us geeking out over meeting Bill Murray.

~ When Coca-Cola removes its logo to make a point.

~ The evolution of the modern bachelor.

~ Even though she left the CIA, it doesn't look like Carrie has escaped danger in the season five promo for "Homeland."

~ Yes Carli Lloyd, you are the best player in the world.

Send tips/quips/quotes/stories/photos/events/scoops to Lauren Weber at lauren.weber@huffingtonpost.com. Follow us on Twitter @LaurenWeberHP. And like what you're reading? Sign up here to get The Morning Email delivered to you.

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