Eurozone agrees landmark Greece deal | Short News

Summary of news on ‘Eurozone agrees landmark Greece deal’
Source: BBC

Eurozone finance ministers have agreed to extend further bailout loans to Greece as well as debt relief, in what they call a “major breakthrough”
After late-night talks in Brussels, the ministers agreed to unlock 10.3bn euros (.5bn; £7.8bn) in new loans
The move came two days after the Greek parliament approved another round of spending cuts and tax increases demanded by international creditors
The ministers also said debt relief would be eventually offered to Greece
The deal was announced after 11 hours of talks between the 19 eurozone ministers – known as the Eurogroup