General view of a session of the Bundestag lower house of parliament
Media playback is unsupported on your device
Video

Eurozone ministers approve 8bn euro Greek bailout aid

Eurozone finance ministers have approved the next tranche of Greek bailout loans, potentially saving the country from a disastrous default.

The 8bn-euro ($11bn; £7bn) loan must still be signed off by the International Monetary Fund.

Once this is done, Athens should get the funds in mid-November, officials said on Friday.

Ministers, who have begun several days of talks, also said they were working on a second rescue package for Greece.

Stephanie Flanders reports.

Go to next video: What is the eurozone bailout fund?