Zoran Zaev, the prime minister of Macedonia, and Alexis Tsipras, the prime minister of Greece, both agreed to the deal on Monday. Macedonia will also amend its constitution to reflect the change as part of the deal.
Previous comments from the Macedonian side have indicated that solutions could involve adding a modifier to the country's official name, such as "Upper" or "Northern" to satisfy Athens, although nationalists in Macedonian have opposed such concessions.
"This historic agreement is testament to many years of patient diplomacy and to the willingness of these two leaders to solve a dispute which has affected the region for too long", said Jens Stoltenberg, Secretary-General of North Atlantic Treaty Organisation.
In a decades-old dispute, Greece wants the former Yugoslav republic to change or modify its name to avoid any claim to the territory and ancient heritage of Greece's region of Macedonia - birthplace of ancient warrior king Alexander the Great.
In September 1995 the neighbours signed an accord in NY opening the way for a normalisation of trade and political ties, but left the name dispute hanging.
But Macedonia clearly liked the name, too, meaning that there's been a massive stand-off for nearly 30 years, which has seen many protests and conflict.
In February, as NPR's Joanna Kakassis reported, more than 140,000 Greeks marched to parliament in Athens as part of a "Macedonia is Greece" rally, chanting that the name "is in our soul". "We have a combined name with a geographic qualifier for all uses", Tsipras said as quoted by the Athens-Macedonian News Agency (AMNA) news agency.
European Union and North Atlantic Treaty Organisation officials, meanwhile, welcomed the announcement from Tsipras and Zaev, calling it a "historic" deal.
Albanian Prime Minister Edi Rama called his Macedonian and Greek counterparts "two progressive leaders" and used their Twitter handles to give their praise, tweeting: "Balkans are today a better place thnx to you both".
Trump Kim summit: Rhetoric versus reality The two clasped hands for a long while Tuesday as they posed for photos in front of a row of USA and North Korean flags. Perhaps most importantly, Trump did not succeed in getting Kim to clarify his definition of "denuclearization".
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However, Mr Tsipras said, this will be contingent on Macedonia completing the constitutional changes.
Both Albania and Macedonia hope to launch full membership negotiations with the European Union. "I am keeping my fingers crossed. Thanks to you, the impossible is becoming possible", he said.
But Greek Defense Minister Panos Kammenos, whose right-wing Independent Greeks party is Tsipras' junior coalition partner, said he would reject the name agreement in a parliamentary vote.
They said they looked forward to accession negotiations beginning with Skopje in June. The dispute poisoned relations between the two neighbours, and the United Nations appointed a special envoy to mediate. A meeting of the two soon may seal the deal, he said.
Greek Prime Minister Alexis Tsipras. The Greek parliament will also have to agree to the proposal.
Greece has long objected to its northern neighbour being called Macedonia because it has its own northern province of the same name.
The main opposition party in Macedonia, the conservative VMRO-DPMNE, accused Zaev of "capitulating" to Greece.
"This is a bad agreement that is in conflict with the majority of the Greek people", he said.
First, "MPs voted to reverse the Lords amendment removing the "exit day" from the bill by 326 votes to 301 - a majority of 25". They subsequently warned they will not be easily bought off, while Tory Brexiteers urged ministers not to concede any ground.
Navarro added that while these were his own words, they reflected the "the sentiment that was on Air Force One". Trump's latest twitter tirade came after he arrived in Singapore for his summit with North Korea's Kim Jong-un.
However, at a France press conference on Tuesday afternoon, he declined to give an update on his future intentions. La Liga president Javier Tebas has declared he expects Antoine Griezmann to stay put this summer.
De Niro famously appeared as boxer Jake LaMotta in the movie Raging Bull where he won an Academy Award. De Niro hit out at the United States president as he introduced a performance by Bruce Springsteen .
Last fall, he presented AT&T and Time Warner with two options: Sell the majority stake in either DirecTV or Turner Broadcasting. In after-market trading following the ruling, shares of Time Warner rose almost 5 percent and AT&T shares fell 1.6 percent.
Trump, it added, had expressed his "understanding" of the stance and had conveyed "his intention to halt" the exercises. The drills - often called "war games" - are held in South Korea with local forces and U.S. soldiers stationed there.
The opening ceremony will take place at Moscow's Luzhniki Stadium. "Of course it is also an emotional one for the hosts". Brazil's two-time World Cup victor Ronaldo will also feature in a ceremony billed as consisting of a new format.
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