Euro debt deal: Reaction

As part of the deal, private banks holding Greek debt have accepted a 50% loss, while the eurozone bailout fund has been increased from 440bn euros to 1trn euros. Additionally, banks have been told to recapitalise to the tune of 106bn euros. Here are some of the key quotes following news of the deal: Chancellor George Osborne "We are in a much better place this morning than we were yesterday afternoon. But we have now got to have the details filled in. "The thing is to maintain the momentum - back in July there was an agreement but it took months to put into place. The eurozone l...