Violence in Athens as €110bn rescue package agreed

EUROZONE ministers have agreed an unprecedented €110 billion joint IMF bailout of Greece with Ireland ready to contribute €1.3bn over three years.

The Greek government has agreed massive austerity measures that will see a major reduction in their public service, pay and pension, retirement age going to 65 and beyond and state companies put up for sale.

The news was met with violence on the streets of Athens as a bomb was reported to have exploded outside a bank and trade unions promised more protests this week.