ATHENS – Greek Prime Minister Alexis Tsipras told his ministers he wants a deal done with international lenders this week to get critical aid released.
There was little sign that would happen as the two sides are still at loggerheads over several key issues, including the creditors demand to let banks foreclose on homes of people who can’t pay because of crushing austerity measures imposed by the government and how to deal with bad loans.
Greek officials were told by Eurozone finance ministers no more aid would be coming, including from a third bailout of 86 billion euros ($91.96 billion) until more tough conditions are implemented, including the foreclosures.
Tsipras told his cabinet it was a “priority” to conclude negotiations this week to allow the disbursement of 2 billion euros in aid, and another 10 billion to be released towards the recapitalization of Greece’s four systemic banks from the bailout, Reuters reported.
“He noted it was a priority to conclude negotiations this week, so as to facilitate approval … for the disbursement,” a statement from his office said.