New debt deal 'buys Greece time'
Greece's prime minister voiced deep relief today at the new debt relief and bailout deal hammered out by European leaders, which he said has bought the country time to make a new start and will spare future generations of Greeks from a crippling burden.
In an address to the nation, a haggard-looking George Papandreou told austerity-weary Greeks that the €130bn package ended months of uncertainty over the country's future.