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EconMin Stathakis: An agreement with the institutions can be reached by Saturday

EconMin Stathakis: An agreement with the institutions can be reached by Saturday

Economy Minister Giorgos Stathakis said on Wednesday he believes that an agreement will be reached with the institutions by Saturday, adding this would have a positive impact on the recapitalization of Greece’s lenders.

Stathakis was speaking after a five-hour meeting with representatives of the institutions at a hotel in central Athens, in which Finance Minister Euclid Tsakalotos was also participating.

He said there is good will between the two sides which have come closer on all pending issues and that if an agreement is reached, the Eurogroup Working Group (EWG) will convene on Sunday or Monday to approve it. This will open the way for the disbursement of the sub-tranche of 2 billion euros.