NEWS

Good chance of a deal with Greece next week, says senior EU official

Greece and its creditors could reach a deal in their cash-for-reforms talks next week, in time for the next meeting of eurozone finance ministers, the Eurogroup, on June 18, a senior EU official told Reuters on Thursday.

Talks between Greece and the institutions — the International Monetary Fund, the European Central Bank and the European Commission — would continue on Thursday with a focus on Greek pension reforms, value added tax rates and primary surplus targets, officials familiar with the talks said.

“All that and more will be on the table. I don’t think there will be a breakthrough yet today, but I think there is a good chance that next week will bring an agreement that can be endorsed by the Eurogroup,” the senior official said.

[Reuters]