A deal for Greece… as Eurozone finance ministers reach agreement on Friday evening to extend the country’s international bailout package for four months.<br /><br />It removes the risk of Greece running out of money next month – an outcome that could have led to the country being forced out of the single currency area.<br /><br />And gives Greece’s new leftist government time to negotiate longer-term debt relief.<br /><br />The government, led by Prime Minister Alexis Tsipras, came to power in January on pledges to end austerity policies.<br /><br />But Germany – Greece’s largest creditor – demanded more commitment from Athens to the bailout’s strict conditions on budget discipline and economic before agreeing to the extension in eurozone funding.
