A new economic study has found that Germany benefitted from the Greek crisis to the tune of 100 billion euro.

Researchers say the country's cost of borrowing fell as investors rushed to put their money into German government bonds.

The bonds were seen as a safe bet, amid fears of a Grexit.

Meanwhile, Greece and its international creditors are finalising a deal to secure an 86 billion euro bailout.

EU Commission spokesperson Annika Breidthardt says an agreement is close: