The money that the IMF is releasing covers two payments, the first of which was originally scheduled for last May. The IMF and the eurozone countries who are also lending money to Greece delayed because of persistent concerns about the government’s implementation of policies intended ultimately to make the economy and the public finances stronger. Those worries have been calmed for now, but there’s every chance they will return. The IMF in particular thinks Greece needs debt relief and that would have to come from eurozone governments.

The Pakistani government has threatened to action to end protests near the parliament building in the capital Islamabad. Followers of the cleric Tahir ul-Qadri are demanding the resignation of the government. The Interior Minister said action was on the cards, but didn't not give details, he said the cleric and his followers were at risks from militant attacks.

One of the successful football managers of recent years, Pep Guardiola has agreed to become the new coach of Bayern Munich. His previous team Barcelona won 30 trophies in four years under his leadership. Andrew House reports.

Guardiola has agreed to 3-year contract with the German club and he'll take over the end of the current season from Jupp Heynckes. The amount of success he had during his spell in charge of Barcelona meant he'd become a leading target for clubs all across the Europe, not only because of the fact of Barcelona would win matches, but also because of their style of intricate passing and retaining possession. The Spaniard's decision not only represents something of triumph for Bayern, but also for the German Bundesliga, which has lagged behind the English Premier League in terms of generating revenue.