Eurozone agrees third bailout for Greece

Eurozone finance ministers have agreed a new bailout deal for Greece worth up to €86 billion (£61bn) over the next three years.

It comes after Greek MPs on Friday backed the new bailout package, aimed at helping rebuild Greece's economy.

The move saves Greece from a defaulting on its debts which could have come as soon as next week.

European Commission President Jean-Claude Juncker said: "On this basis, Greece is and will irreversibly remain a member of the euro area."