Eurozone finance ministers have agreed on a new bailout deal for Greece after Athens backed the plan.
Eurogroup
chairman Jeroen Dijsselbloem earlier said ministers would need to be
sure the Greek government would carry out the promised reforms.
The
deal demands tax rises and more tough spending cuts in return for a
€85bn (£61bn, $95bn) bailout - Greece's third in five years.
It is needed to stop Greece exiting the eurozone and to avert bankruptcy.
But
it comes at a heavy political price for Greek Prime Minister Alexis
Tsipras, who has faced a rebellion in his left-wing Syriza party.
More than 40 Syriza MPs voted against him when parliament decided on the bailout agreement on Friday, after all-night talks.
Reports
in Greece suggest he will seek a vote of confidence in parliament next
week, bringing the prospect of snap elections closer.
'Optimistic'
Arriving
at the 19-member Eurogroup meeting in Brussels, Germany's finance
minister - one of Mr Tsipras's harshest critics - had been upbeat.
"I
am actually quite optimistic that we shall reach a result today, the
preparations have advanced pretty well," Wolfgang Schaeuble said.
He
said ministers would consider how well Greece had responded to EU
demands, and whether the International Monetary Fund (IMF) would commit
to supporting the bailout package.
German Finance Minister Wolfgang Schaeuble (left) has criticised Greek delays in the past
Earlier the Eurogroup head welcomed the Greek parliament's vote to sign off the deal.
"We're going to talk about political trust," Mr Dijsselbloem said.
"That's still a factor of course with Greece: can we trust that it's actually going to happen?"
Rebellion
Greek
MPs backed the deal on Friday morning after a marathon all-night
session marked by procedural delays and often angry exchanges in
parliament.
The deal received:
222 votes for
64 against
11 abstentions
Third Greece bailout: What are eurozone conditions?
Thirty-one
Syriza members voted "No", and 11 abstained - the biggest rebellion
within Mr Tsipras's party so far. The rebels represented almost a third
of Syriza's MPs.
A "Yes" vote by MPs was required for eurozone ministers to endorse the deal to release the funds.
The
deal also needs approval from the parliaments of several other
countries, including that of Greece's most influential creditor,
Germany, before any funds can be disbursed. Some nations, such as
Finland, have already given their approval.
Greece must repay about €3.2bn to the European Central Bank (ECB) on 20 August.
If it defaults on this debt, the ECB is likely to stop emergency funding for Greece's crippled banks.
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