EU ministers agree Greek bailout
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Reaction from Greece as EU ministers agree fresh bailout for Greece

Eurozone finance ministers have reached a deal for a fresh bailout for Greece worth 130bn (£110bn; $170bn) euros.

The announcement followed more than 13 hours of talks in Brussels

Greece needs the funds to avoid bankruptcy on 20 March, when maturing loans must be repaid.

In return, Greece will undertake to reduce its debts to 120.5% of its GDP by 2020.

Athens Journalist Maria Kagkelidou says people in Greece are relieved, but also worried about further cuts.

  • 21 Feb 2012
  • From the section Europe