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Eurozone reaches Greek deal

Greece is on its way to getting the next tranche of its much-needed bailout loans after finance ministers from the Eurozone countries agreed on a programme to reduce the country's debt.

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Juncker: Greek aid tranche 'released December 13'

Eurozone finance chief Jean-Claude Juncker said the first disbursement of the Greek bailout loan is set to be released on December 13, the Associated Press reported.

A Greek flag flutters in front of the moon in Athens Credit: Reuters/Yorgos Karahalis

"This is not just about money," Mr Juncker said. "It is the promise of a better future for the Greek people and for the euro area as a whole".

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