Last Updated :23/03/2017 - 07:22 PM
Friday, 24th March 2017
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Last Updated : 23/03/2017 - 07:22 PM
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Monday, 13 July 2015 - 18:38
Euro zone strike deal on Greek debt
Eurozone leaders have agreed to offer Greece a third bailout, after marathon talks in Brussels.
Amid one of the worst crises in the EU's history, the head of the European Commission said the risk of Greece leaving the eurozone had been averted.
Greek Prime Minister Alexis Tsipras said that after a "tough battle", Greece had secured a "growth package" and debt restructuring.
Greece will now have to pass reforms demanded by the eurozone by Wednesday.
These include measures to streamline pensions, raise tax revenue and liberalise the labour market.
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