Article H1JD Greece and lenders agree new bailout deal, finance minister says

Greece and lenders agree new bailout deal, finance minister says

by
Ian Traynor in Brussels and Jon Henley in Athens
from on (#H1JD)

Athens hails a86bn bailout but Brussels is keen to stress the deal is a technical, not political, agreement

The Greek government announced it has struck an ambitious bailout deal with creditors aimed at securing around a86bn (61bn) over three years in return for radical economic reforms to be pushed through parliament as early as this week.

News of the agreement after a marathon 24-hour negotiating session at Athens' Hilton hotel promptly triggered scepticism in Berlin, where the deputy finance minister said fundamental questions on Greece remained to be answered.

Related: Greece close to clinching a86bn bailout deal - live

Related: Greece urged to put 'quality before speed' in bailout negotiations

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