Their political leaders may be breathing a sigh of relief. However, Greeks protesting outside parliament are far from happy that a deal has been reached on yet more reforms and austerity measures.
It heralds a big fall in living standards for many in the crisis-crippled country, now in the fifth year of a deep recession.
Their demonstration came after Greece’s coalition party leaders clinched the long-stalled deal. It is the price Athens has had to pay for a second international bailout and to avoid a chaotic default.
Greece’s two major unions have called a 48-hour strike for Friday and Saturday against the reforms.