Greece bailout deal plan 'agreed'

Eurozone officials say a deal has been reached to extend the Greek bailout by four months.

Greece bailout deal plan 'agreed'

Eurozone officials say a deal has been reached to extend the Greek bailout by four months.

The agreement was made during a crunch meeting of Eurozone finance ministers in Brussels this evening.

The deal will remove the immediate risk of Greece running out of money next month and possibly being forced out of the single currency area.

It will also allow for breathing space for the new Greek government to try to negotiate longer-term debt relief with its official creditors.

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