European Leaders Reach Deal on Greek Bailout

(RV - 26 March 10) German Chancellor Angela Merkel today praised a hard-won deal to rescue heavily indebted Greece from its financial woes.

The deal, reached late last night at a meeting of European leaders, aims to halt the government debt crisis undermining Europe's currency union.

The joint eurozone and IMF bailout program comes with strict conditions.

Lydia O’Kane spoke to Vanessa Rossi, Senior Economist at the UK based research institute Chatham House, about the implications of this deal for other European countries.