French president welcomes EU-Greece deal

French President Francois Hollande has today welcomed the deal which was reached yesterday (Feb20) between the Eurozone creditors and Greece to extend Athens’ bailout for four months.
"The agreement resents a "good compromise deal" for both Europe and Greece", Le Figaro newspaper quoted President Hollande as he visit a farming exhibition in Paris.
Greece had submitted a demand to the Eurozone group of nineteen countries, asking for a crucial four-month extension to its massive debt bailout.
Dutch Finance Minister, Eurogroup Chief Jeroen Dijsselbloem said on Friday said that Greece would have to submit a list of reform measures by Monday as part of the deal.