Greek Prime Minister Alexis Tsipras
Reuters, 07/08 18:21 CET
By Robert-Jan Bartunek and Lefteris Papadimas
BRUSSELS/ATHENS (Reuters) –
Senior EU officials will confer by telephone late on Friday on progress
in negotiations between Greece and its international creditors on a
third bailout for the near-bankrupt euro zone country with Germany
reported to be warning against haste.
Greek Prime Minister Alexis Tsipras is trying to force
the pace of the talks, keen to wrap up agreement on sensitive economic
reforms by mid-August, while many Greeks are on holiday, and receive an
initial aid disbursement by Aug. 20 in time to make a bond payment to
the European Central Bank.
Athens is negotiating with European Union institutions
and the International Monetary Fund for up to 86 billion euros (£60.5
billion) in fresh loans to stave off economic collapse and stay in the
euro zone.
At a meeting on Thursday, Tsipras and French President
Francois Hollande agreed that a new deal should be concluded soon after
Aug. 15.
“The objective is for the negotiations on the programme …
to be concluded at the end of August. We know it’s difficult but we
must make sure that the conditions are met, in a good spirit,” Hollande
told reporters.
Talks were going “in the best of directions”, he added.
Full article available here: EU Officials to Review Progress...
Source: Euronews
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