Greece agrees for the deal
Greece says it has agreed a deal with the European Union and IMF to rescue the nation’s embattled economy.
Prime Minister George Papandreou said Greece would have to make “great sacrifices” to avoid bankruptcy.
The value of the rescue deal will be announced later. Details of the austerity cuts agreed in return for loans have been revealed.
There are fears that the Greek debt crisis could spread to other countries using the European single currency.
On Saturday, police again clashed with demonstrators in Athens who were protesting against government measures.