Finance chiefs have delayed a decision on the payment of crucial bailout loan for Greece until October.

The head of the eurozone finance ministers group was speaking at a meeting in Wroclaw, Poland, today.

The next eight billion euro instalment of Greece's bailout loan is needed to keep the country from a disastrous debt default.

But officials from the eurozone and the International Monetary Fund have delayed their assessment amid questions about whether Greece was doing enough to cut its deficit.

Jean-Claude Juncker said officials welcomed "the renewed, firm commitment of Greece" to its austerity programme and said they "would decide in October on the next tranche".