Greece ready to talk after deal on its second bailout

After weeks of what was described by eurozone president Jeroen Dijsselbloem as "wasting time", agreement was reached to start technical talks with Greece on its bailout.

Athens, which is on a very tight rein from the ECB in providing liquidity for its banks and which has debt repayments due shortly, came up with reforms it says it is willing to complete in exchange for the remaining €7bn from the second bailout.

Representatives of the European Commission, the IMF, and the ECB will meet experts from Athens in Brussels tomorrow to map out the course of the reforms.