Greece secures deal on next portion of bailout cash

Greece has secured a tentative deal with the eurozone to unlock the latest tranche of financial aid, reports BBC.
The two sides have agreed a batch of reforms that will be presented to the Greek Parliament on Thursday.
The eurozone countries insisted on the measures before releasing €2bn (£1.4bn) in loans and up to €10bn in support for the banks.
The agreement will help pave the way for further payments under the country's third bailout.
The eurozone has agreed to provide Greece with up to €86bn in total.
 the first two bailouts, the third, which was agreed in July, came with an extensive list of conditions that Greece had to meet before it receives instalments of the loans.
It has so far received €13bn under the third programme.
The next payment had been held up by differences between the two sides over protection from repossession for home owners in arrears with their mortgages and about reforms to the banks.

Greece secures deal on next portion of bailout cash

Greece has secured a tentative deal with the eurozone to unlock the latest tranche of financial aid, reports BBC. The two sides have agreed a batch of reforms that will be presented to the Greek Parliament on Thursday. The eurozone countries insisted on the measures before releasing 2bn (1.4bn) in loans and up to 10bn in support for the banks. The agreement will help pave the way for further payments under the countrys third bailout. The eurozone has agreed to provide Greece with up to 86bn in total. the first two bailouts, the third, which was agreed in July, came with an extensive list of conditions that Greece had to meet before it receives instalments of the loans. It has so far received 13bn under the third programme. The next payment had been held up by differences between the two sides over protection from repossession for home owners in arrears with their mortgages and about reforms to the banks.