Greece has made progress on all fronts in the latest round of negotiations with the country's lenders, its Finance Minister said on Thursday (July 4) ahead of Monday's Eurogroup meeting to decide on unlocking further a 8.1 billion euros in aid to the country.
Talks between Athens and its EU/IMF lenders have stumbled over plans to reform the public sector, with Greek officials saying they will not meet those targets by an end-of-the-week deadline set by the lenders.
There was no issue of further firings in the public sector past the 15,000 limit already set, amid speculation in the Greek media that the troika would ask for more firings.
Athens is expected to reach agreement with its foreign lenders on all other issues before Monday's meeting of euro zone finance ministers.
If they are not persuaded that Greece is on track to meet its reform goals, the lenders may freeze emergency aid for three months, a senior euro zone official said on Wednesday.
Athens needs to conclude talks with its lenders by the middle of the month to ensure it receives the latest aid tranche, which it needs to redeem about 2.2 billion euros of bonds in August.
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