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From Ducretion

Eurozone finance ministers have agreed a second bailout for Greece after marathon talks in Brussels.

Greece is to receive loans worth more than 130bn euros (�110bn; $170bn).

In return, Greece will undertake to reduce its debts to 120.5% of its GDP by 2020 and accept an "enhanced and permanent" presence of EU monitors to oversee economic management.

Greece needs the funds to avoid bankruptcy on 20 March, when maturing loans must be repaid.

After five straight years of recession, Greece's debt currently amounts to more than 160% of its Gross Domestic Product.

The euro immediately rose on reports of the deal, which was announced early on Tuesday, after 13 hours of talks. Repayment takes priority

The deal also means that private holders of Greek debt will take losses of 53.5% on the value of their bonds.

When all the elements of the exchange are accounted for, the loss to investors is expected to be as much as 70%.

Eurozone leaders and the IMF said in October that Greek debt should be reduced to a more sustainable level of 120% of GDP by 2020. Continue reading the main story Analysis image of Mark Lowen Mark Lowen BBC News, Athens

This is in effect uncharted territory for the eurozone - a managed Greek default, with over 50% of the country's private debt being written off. This was not even being considered as an option several months ago.

But the Greek people will be sceptical about this bailout. The deal that has been agreed will mean more austerity and spending cuts, and even more pain for Greeks. Many will be concerned that the new measures will kill off prospects of growth and lock the country into a spiral of recession.

Greeks say that the country's middle classes who have worked hard and pay their taxes are, unfairly, bearing the brunt of a crisis they did not create. They feel Greece's notorious corrupt politicans and wealthy Greeks who evaded tax are to blame.

The deal provides for the presence of EU monitors of Greece's economic management as some members doubt Greece's commitment to its spending pledges.

Within the next two months, Greece will also have to pass legislation giving priority to debt repayments over the funding of government services.

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'clock on the 19th, the reporter went to the corridor between Yongsheng Court District, Building B, 4th and 5th floor saw a dark casket was placed in the corner of the edge, next to a white travel bag, a red cloth. Casket on a black-and-white photos, the photo is a young female. 18 on the night he passed, did not find the building, households, Lee said,moncler. Urn is not filled with the ashes Who is the identity of the deceased In order to further clarify the situation,louboutin, households Mr,abercrombie. Li opened the casket. The reporter saw that the box is indeed stored in the ashes, there is also a tablets, was written the name of the deceased. The deceased surnamed Du, born in 1982, died in 2008. Urn why suddenly appeared in the district The tenants have said that after the incident,doudoune moncler, we are trying to find out, did not find which lost the urn. Found urn, 6th Floor,abercrombie, Block B, households were stolen. "Mr. Lee said, the household's door had been broken,abercrombie france, but did not throw things,abercrombie. Lee guess that the casket should not be stolen from the interior, from the scene to see the casket on the traveling bag where the thieves may be stealing a travel bag in the bus or in other places, open travel bag found ashes boxes, stealing it the way it discarded. Residents help reporters, hope the relevant departments of the casket removed,hollister. Reporters called 110, and soon the police came to the scene,hollister, and contact the relevant departments casket will be taken away from the scene proper placement. "Relatives discovered the urn certainly very anxious not seen." Tenants have expressed the hope that the families see to go after a newspaper claimed is in place, the dead are no longer subject to disturb,hollister. Police hope to the families as soon as possible to come unclaimed.</p>

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's Procuratorate disclosed yesterday, Sohn and other five people suspected of the crime of illegal detention indicted. The middle-aged woman Sohn and Young Women Wu originally were worked in the debt collection company Beijing the Three Musketeers Business survey company, doing "customer service" work. Found to help people collect debts lucrative two after the resignation alone, set up in July last year Beijing JINNUO Ark Business research company, registered business scope for market research, legal and financial advisory services, but in fact is restricted to dry the sale and purchase of debt collection. Shortly after the founding of the company, Sohn received a single business. Tianmou in 2006 with workers to contractors Mr,hollister. Yan at work, and later, Mr. Yan arrears FIELD, and other workers of wages and injury treatment costs. Afraid time is too long, cumbersome procedures, Tianmou abandon litigation to resolve labor disputes, find Sohn help beg for 4.7 million, and provide the phone number of Mr. Yan. Wu to Mr. Yan texting,doudoune moncler, claiming to be peers with Mr. Yan, Mr,abercrombie outlet. Yan's phone number, introduced by a friend that would like to make friends. Since then, two regular SMS Contact. The end of August last year, after half a month of frequent communication, Wu to want to subcontract the project to Mr. Yan as an excuse, to Mr. Yan lured from Inner Mongolia to Beijing. Mr. Yan was brought to the company is located in Fengtai Wangyuandongli three men immediately Wu got it under control. They punched and kicked, forcing Mr. Yan calling their families raise money to pay off debts. Mr,moncler. Yan's wife learned that her husband was control, immediately rushed to the alarm to the police station of Liuliqiao. After some research, the police negotiations with Wu Yan wife to get clues to solve the case,abercrombie. On the morning of September 2 last year, the wife of Yan and Wu met both sides on the amount of repayment negotiations but did not agree. Wu left, the police found by tracking the location of the debt collection company. On the afternoon of the same day, under the guidance of the police,hollister, strict wife again called Wu said to talk about the repayment amount. Wu Mougang out of the company to be apprehended by the police, Subsequently, the police rushed into the debt collection company Sohn and other four people arrested,mulberry outlet. At this point, Mr. Yan has been held more than 30 hours,lancel pas cher. Prosecutor survey found,abercrombie france, Sohn although formal license,mulberry outlet uk, but stem illegal debt collection business, their company has only three employees, the thugs are temporary find. Each debt collection success, avoiding the debt commission of two percent to three percent, debt collection fails also to payments for services rendered.

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