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Greece debt crisis: Eurozone summit 'reaches agreement' | Greece debt crisis: Eurozone summit 'reaches agreement' |
(35 minutes later) | |
Eurozone leaders say they have reached an agreement over a third bailout for Greece after marathon talks. | |
EU chairman Donald Tusk said leaders agreed "in principle" on negotiations for the bailout, "which in other words means continued support for Greece". | |
"There will not be a 'Grexit'," said European Commission head Jean-Claude Juncker, referring to the fear that Greece would have to leave the euro. | |
Greece is expected to pass reforms demanded by the eurozone by Wednesday. | |
Parliaments in several eurozone states also have to approve any new bailout. | |
Eurozone leaders had been meeting in Brussels for about 17 hours, with talks continuing through the night. |