Eurozone finance chief Jean-Claude Juncker said the agreement includes:
- A plan to reduce Greece's debt level to 124% of its GDP by 2020 and below 110% by 2022. The IMF had originally insisted on a debt-to-GDP ratio of 120% by 2020.
- A cut of 100 basis points on the interest rate charged to Greece by other Eurozone member states, excluding those countries also receiving bailouts.
- A 15-year extension of the maturities of loans from other countries and the eurozone's bailout fund - the European Financial Stability Facility - and a deferral of interest payments by Greece on EFSF loans by 10 years.
More top news
Virgin's services will only be classed as on time if they reach their destination within less than a minute of the scheduled arrival time.
Banks and building societies should improve efforts to support age-friendly banking, according to a report from Age UK.
The pop star has teamed up with DJ Zedd on the single 'True Colors' which is her first new music for three years.