Have we not been here before? The BBC reports:

Eurozone members and the IMF have agreed a 110bn-euro (£95bn; $146.2bn) three-year bail-out package to rescue Greece's embattled economy.
In return for the loans, Greece will make major austerity cuts which Prime Minister George Papandreou said involved "great sacrifices".

Aye weel. You might want to avoid counting your chickens. The Germans need to secure parliamentary agreement to the loans. And then there is the prospect of legal action in the German courts to declare the loans as unconstitutional.