Greece and its international lenders have clinched a multi-billion-euro bailout agreement after marathon talks through the night, officials say.
The deal has raised hopes that aid can be distributed in time for a major debt repayment deadline due in days.
After a 23-hour session, Greek officials emerged in a central Athens hotel to announce the two sides had agreed details of the deal - though a couple of minor issues remained to be ironed out.
The deal is expected to be worth up to €86 billion in fresh loans for the debt-ridden country. There was no immediate confirmation of the deal's size.
Greek officials have said they expect the accord to be ratified by parliament on Wednesday or Thursday, and then be vetted by eurozone finance ministers on Friday.
This would pave the way to aid disbursements by 20 August, when a €3.2 billion debt payment is due to the European Central Bank.
- Reuters / BBC