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Tuesday, May 19, 2015

Athens sees EU deal soon, Greeks' approval of government stance dwindles

Greece's labour minister said on Tuesday Athens would soon conclude a deal with its foreign creditors that could unlock further loans to the cash-starved country. Greece's new government has been in talks with its European Union and International Monetary Fund lenders over the past four months about the release of around 7.2 billion euros (5 billion pounds) in aid. Asked on Greek TV when Athens would reach the cash-for-reform deal, Labour Minister Panos Skourletis said: "De facto, in the coming days." "There's a deadline, which is June 5," he said - the date on which Greece's next repayment of a loan to the IMF falls due.


READ THE ORIGINAL POST AT uk.news.yahoo.com