Greece and European creditors have agreed to a bailout deal.
FOX News Radio's Simon Owen in London details the new bailout:
The new deal leaving some people in Greece angry.
(Resident) "They want a war, they're gonna have a war, the Greek people they're gonna win."
But after 17 hours of negotiations with other European countries, the Greek Prime Minister saying it was a choice between accepting more spending cuts or seeing Greece go bankrupt and leave the Euro currency.
It seems the terms of the deal are actually tougher than a previous proposal, which the Prime Minister rejected last month.
This bailout still needs approval from the Greek parliament.
Simon Owen, FOX News Radio.