Greek Prime Minister Alexis Tsipras early Friday said Greece's huge bailout programme was "back on track" after meeting for over three hours with German Chancellor Angela Merkel and French President Francois Hollande.
"The procedure is back on track," Tsipras said after agreeing to give creditors a new list of reforms within days in order to secure urgently needed bailout funds. "It is clear that Greece will not have to take recessionary measures," he added.