Greece and euro zone agree on draft accord

An agreement between Athens and the 19 euro zone finance ministers was confirmed on Friday evening in Brussels, the third round of such talks in a week.

Few details were released immediately following the announcement. According to the Associated Press news agency, the eurozone agreed to extend Greece’s loan by four months in exchange for Athen’s agreeing to avoid unilateral actions that might affect the budget.

Greece has until Monday to present a list of reform measures it plans to implement.

For the full story, please visit

(Photo of Jeroen Dijsselbloem: