Greek MPs have passed a second set of reforms, paving the way for a crucial bailout deal.
The reforms - which include changes to the judiciary and banking systems - needed to be passed in order for negotiations to begin with creditors on a third bailout package worth €86 billion.
Without more financial support, Greece would face financial ruin and may be forced to exit the eurozone.
Eurozone finance ministers have agreed to provide a 7 billion euro bridging loan to help Athens meet upcoming debt payments to the European Central Bank (ECB) and International Monetary Fund (IMF).
This loan still needs to be approved by ministers of all 28 EU member states.
The European Central Bank has also said that it will increase emergency support to Greek banks - a first step toward helping the country's banks reopen.
Another round of Greek austerity is on its way - but the country's biggest problem is the absence of hope.
Alexis Tsipras faces a difficult day in Parliament as he tries to persuade his party to back a Euro bailout he doesn't 'believe' in.
After a mammoth weekend of negotiations, Europe’s leaders emerged with news that they have reached agreement on a deal to bail out Greece.