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Greek government says discussing draft of third bailout deal

09 August 2015 04:31 (UTC +04:00)

Baku-APA. Greek government officials discussed a draft of the country's third bailout agreement drawn up on the basis of discussions with EU/IMF lenders, a government official said on Saturday, boosting hopes a deal could be wrapped up in days, APA reports quoting Reuters.

Athens is racing to wrap up the bailout agreement of as much as 86 billion euros ($94.35 billion) by as early as Tuesday in a bid to get the first disbursement of aid by Aug. 20, when it faces a debt payment to the European Central Bank.

Officials from European Union and International Monetary Fund lenders met Greece's finance and economy ministers in Athens on Saturday, the day after EU finance officials held a teleconference and noted progress in the talks.

The talks on Saturday focused on the so-called "prior actions" Greece must legislate to qualify for loans, and the two sides reached agreement on the issue, a senior government official said without giving details.

Talks will continue on Sunday to discuss more contentious issues, the official said.