Europe's leaders are claiming a victory in the eurozone crisis after agreeing new deals that halve Greek debt and increase the firepower of the main bailout fund to around €1trn.

Athens will be handed a new €100bn bailout early in the new year. The accord was reached in the early hours of Thursday after hours of fractious debate.

At one stage talks broke down with holders of Greek debt but they ended up accepting a loss or "haircut" of 50% in converting their existing bonds into new loans.

Mr Abbott said he was not making any promises, just a prediction that his party is likely to kill off any mandatory pre-commitment scheme for poker machines that Labor introduces.

But Mr Wilkie says he is not convinced Mr Abbott would rescind the legislation if he was able to.

"He's actually been somewhat ambiguous. It's not written in blood like other promises are. He's talked about a prediction," Mr Wilkie told Lateline.

"And I think, in fact, that when these reforms are realised, he will find it very, very difficult to overturn them because, for a start, they have majority public support.

mischief by Gus...

picture by Gus...

I have bagged Laurie Oakes a few times as the Bibendum of news for sometimes inflating the value of a political leak, designed and used to undermine a government's work... He's the king of leaks.