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The approval comes after six hours of talks to nail down the tough and far-reaching reforms Athens must implement in return. Unable to borrow on the worldwide markets, another bailout is all that stands between Greece and a disorderly default on its debts – as soon as next...

Eurogroup chairman Jeroen Djisselbloem said that there were “differences” among foreign ministers of Eurozone, but they “managed to solve the last issues”.

The plan still needs approval from eurozone parliaments. But it is risky for Greek PM Alexis Tsipras.

Some national parliaments, including Germany, still must approve the deal.

The banks are being kept afloat by emergency cash from Europe’s central bank, but urgently need a longer term solution.

If the bailout is not approved by the Eurogroup, it could decide to grant Greece 6.04 billion euros in bridge financing, according to German newspaper Bild, citing a European Commission proposal for the meeting.

While it is likely that the Bundestag will pass the measures in line with the eurozone and the German cabinet, several lawmakers from Chancellor Angela Merkel’s Christian Democratic Union (CDU) are expected to break ranks and vote against Greece’s third bailout.

When the Parliament last voted in July on opening new bailout negotiations with the leftist-led government of Prime Minister Alexis Tsipras, 60 of Merkel’s MPs went against her. In a test vote on Tuesday ahead of the debate, 56 members of her bloc voted against the package...

The new three-year bailout package – Greece’s third bailout in little more than five years – is worth a total of 86 billion euros ($96 billion), and the gradual disbursement of funds depends on the Greek government implementing a series of reforms, including...

Interrupting their holidays for the second time this summer to cast ballots on a Greek rescue, lawmakers in the Bundestag lower house approved the rescue plan by 453 votes to 113.

Wolfsburg sporting director Klaus Allofs says the club are preparing themselves for a number of bids for Kevin De Bruyne.

Greece met its Thursday deadline to repay EUR3.4 billion to the European Central Bank, the Frankfurt-based lender confirmed, hours after Athens received a 13-billion-euro payment from its newly approved bailout.

Chelsea are reportedly closing in on a £20m deal to sign Stuttgart centre-back Antonio Rudiger, according to the Metro.

The bill on the rescue deal passed just in time for Greek Finance Minister Euclid Tsakalotos to head to Brussels to meet his counterparts from the 19-country currency union in the hope of getting their seal of approval as well.

This means the country would not get its debt pile down to 120pc of GDP – long viewed by the global Monetary Fund (IMF) as the target to get Athens back to a sustainable debt level – until 2030, two decades after the country’s first bail-out.