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Greece: Deal reached in Brussels after marathon 17-hour summit

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donald-tusk-ueEurozone leaders have reached a "unanimous" agreement after marathon talks over a third bailout for Greece, European Council President Donald Tusk (pictured) has said.

He said that a bailout programme was "all ready to go" for Greece, "with serious reforms and financial support".

"There will not be a 'Grexit'," said European Commission head Jean-Claude Juncker, referring to the fear that Greece would have to leave the euro.

Greece is expected to pass reforms demanded by the eurozone by Wednesday (15 July).

Parliaments in several eurozone states also have to approve any new bailout.

Eurozone leaders had been meeting in Brussels for around 17 hours, with talks continuing through the night.

Greece and eurozone thrash out deal

UKIP leader Nigel Farage said: "If I were a Greek politician I would vote against this deal. If I were a Greek 'no' voter I would be protesting in the streets. Mr Tsipras's position is now at stake.

"This conditional deal shows that national democracy and membership of the Eurozone are incompatible."

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