Greece sees Monday deal on EU-IMF rescue funds

Greece and its international creditors hope to reach a deal by Monday on reforms including thousands of job cuts needed for the debt-laden nation to unlock further aid worth 8.1 billion euros (HK$79.9 billion).

“We have made substantial progress,” Poul Thomsen, the International Monetary Fund’s representative, told reporters in Athens on Sunday.

“I hope we will reach an agreement on Monday before the Eurogroup meeting,” Thomsen said, according to the state-run Athens News Agency.

via Business feed http://www.scmp.com/business/economy/article/1277850/greece-sees-monday-deal-eu-imf-rescue-funds