You are here

Greece's creditors prepare to fly in for bailout talks

Thursday, July 23, 2015 - 20:11

[ATHENS] Greece's creditors will fly to Athens in the coming days to launch talks on a huge bailout for the debt-crippled country, officials said on Thursday.

The Greek finance ministry said negotiators from the European Union, European Central Bank and International Monetary Fund with whom it is discussing plans for a third bailout worth up to 86 billion euros over three years were likely to fly in on Friday.

A European source said it was not certain that Friday would see the opening of the talks, adding: "Our people haven't bought their airline tickets yet."

Greece and its creditors last week struck a bailout-for-reforms deal aimed at preventing Athens from crashing out of the eurozone as it struggles to pay its enormous debts.

Market voices on:

Greek lawmakers passed a bill in the early hours of Thursday on a second batch of reforms needed before the talks could go ahead.


Read more on the Greek crisis here
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom