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.
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A new memorandum of understanding detailing the programme will be made public today, and the Greek government’s expected to implement its contents immediately.
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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