Hollande: Greek PM made 'courageous choice' over deal

The French President Francois Hollande says the Greek Prime Minister Alexis Tsipras made a 'courageous choice' in negotiations over a third Greek bailout.

Greece will now have to pass reforms demanded by the eurozone by Wednesday.

The agreement includes a €35bn growth package as well as a €50bn Greece-based fund that will privatise or manage Greek assets.