Greece and EU reach agreement

The Eurozone’s 19 finance ministers have agreed that officials from the institutions overseeing Greece’s bailout will return to Athens to discuss the reforms it must make.

Jeroen Dijsselbloem, the EU’S top official, said that they will work with Greek authorities on an additional package of structural reforms by the cashstrapped country.

Agreeing on a package of measures involving the tax system, pensions and labour market will help unfreeze more loans for Greece from its bailout program. Without the money, it faces bankruptcy and a potential exit from the euro this summer.