After 10 days of negotiations, euro zone finance ministers finally agreed to extend Greece's bailout deal last Friday, giving the debt-stricken country a financial lifeline of four months starting from the end of February.
The agreement, reached at an emergency meeting in Brussels, depends on a list of reforms that Athens will hand in on Monday.
Global markets cheered the deal, with Wall Street closing higher at the end of last week and Asian markets mostly higher early Monday. However, some analysts remain cautious: "[Greece] has until today to submit their list of reforms to the Europeans, so there's still anxiety in the markets about whether the list will satisfy the Germans. [The bailout extension] is a positive signal, but there's more to come," Clive McDonnell, head of Equity Strategy at Standard Chartered, told CNBC Asia's "Squawk Box."
With the 87th Academy Awards underway in Los Angeles, tell us which nominated song best describes the ongoing Greek drama: