Eurozone agrees to Greek bail-out, but doubts remain

After a 14-hour meeting eurozone finance ministers and bankers have agreed on a second bail-out package for Greece with extra supervision and an "absolute priority" on paying back its debts. But doubts remain on whether the country will avoid default.

"We have reached a far-reaching agreement on the new Greek programme with a very significant debt reduction. This will give Greece the time needed to follow a credible path of structural reforms and restore growth," Eurogroup chief Jean-Cl...