Over 340 million Europeans in 19 countries use the currency today. The creation of a digital euro is among the challenges ahead, which could have “far-reaching implications for societies in the future”, says a Christian analyst.

The death sentence is for a Protestant pastor who has been in prison since 2012, while the other was released on bail after four years in prison for Facebook comments.

The deal will need to be approved by eurozone finance ministers and national parliaments, European Commission explained.

Greece accepted the negotiation of a third bailout and immediate structural reforms. Parlamentarians of Syriza say the “deal is unacceptable”, and define it as a “coup.”

Greece’s banks are to remain shut for a week, and a referendum on the country's bailout conditions will take place next Sunday, 5 July.