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.
Greek banks will reopen on Monday, a senior banker has told Reuters.
It comes after the European Central Bank decided to increase emergency funding.
Banks have been closed since June 29 after Athens imposed capital controls. "They will open on Monday," the banker said.
The ECB on Thursday increased the cap on emergency funding Greek lenders can draw from the domestic central bank by 900 million euros.
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.