George Papandreou, Greek Prime Minister
Media playback is unsupported on your device

Eurozone crisis: Greece welcomes emergency debt deal

EU leaders have agreed to take a 50% loss on Greek debt as part of a "three-pronged" deal they say is vital to resolving the eurozone crisis.

Greek Prime Minister George Papandreou praised the agreement, saying it will help his country recover.

  • 27 Oct 2011