Eurogroup set to approve last-ditch €80bn Greek bailout

Europe’s finance ministers were yesterday set to give their seal of approval to a last-minute bailout of as much as €80 billion for Greece, despite reservations about the country’s ability to implement further reforms.

After the bailout package secured the overwhelming approval of the Greek parliament in the early hours of yesterday morning, the Eurogroup of finance ministers discussed it in a bid to prevent the heavily-indebted country crashing out of the single ...