The Greek government has agreed to permanent monitoring of its budgets and spending in return for a second bail-out deal from Europe.
Eurozone finance Ministers reached a deal after 14 hours of talks in Brussels.
A new memorandum of understanding detailing the programme will be made public today, and the Greek government’s expected to implement its contents immediately.
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Greece has had to bring in widespread job, wage and pension cuts to secure the package.
The EU’s economic affairs commissioner Olli Rehn says it’s the best solution:
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