Greece close to a deal with its creditors – Le Figaro

The negotiations on the country’s bailout are on track.

This time, it should not be neither smooth nor drama. Monday evening, the representatives of Greece and its creditors (ECB, IMF, European Commission, European Stability Mechanism) is still negotiating the final aspects of the third bailout of Greece, hoping to find a compromise that Tuesday. Athens could thus receive a first disbursement Financial estimated at 25 billion euros and 3.2 billion and repay to the ECB on August 20. “The Greeks want this agreement, they changed their behavior,” informed a European source, which emphasizes the good cooperation between the parties. It is far from muscular arm wrestling in recent months, in line of sight, which approached a Grexit.

Greece has no other choice but to accept the new plan. With debt accounting for nearly 180% of GDP, the country saw its economy deteriorate …