"Negotiators yesterday, in an eleventh-hour decision following marathon talks, hammered out agreement on a key wage provision they earlier had rejected."
After marathon talks in Brussels, the leaders say some private banks holding Greek debt have accepted a loss of 50%.
Until this morning, there was no deal and the rollercoaster, marathon talks seemed doomed.
Remember the marathon talks at Hillsborough Castle in January and February 2010?
US and Japanese officials at the marathon talks in Washington said an announcement would be made on Tuesday.
In brief encounters with reporters today, both men spoke of "progress" in the marathon talks.
The key elements of an emergency "three-pronged" deal to fix the eurozone's debt crisis, which was clinched after marathon talks in Brussels.
He ate, slept, had marathon talks with Dun-stan, and began the cycle again.
What changed in the 30 hours over the weekend was the weaving of a series of deals - all night, in marathon talks.
The result is an impasse that the 15 leaders were unable to resolve in marathon talks tonight to try to agree on a new system.