14:31

Over in Greece, tensions with its eurozone partners eased on Friday as the country took stock of almost €1bn in long-awaited aid.

The nation at the epicentre of Europe’s long-running economic crisis was told the money would be forthcoming at a crucial meeting of eurozone finance ministers meeting in Bucharest this morning.

Hopes had been high in Athens that after months of wrangling over a household insolvency scheme – seen as key to facilitating the recovery of bad bank debt - the disbursement would finally go through. The debt relief is mainly from profits on Greek bonds held by eurozone banks during the crisis.

The spat over measures to protect thousands of borrowers from losing their primary homes had not only delayed the tranche but once again soured the leftist government’s relations with creditors.

As the holder of the biggest bailout in global financial history, Greece has received an estimated €280bn in rescue funds since 2010.