Greece deal possible before July 20 bonds payment: euro zone official

Greece has to pay 3.5 billion euros to the European Central Bank

Reuters Frankfurt
Last Updated : Jul 01 2015 | 5:01 PM IST

A new bailout deal for Greece could be agreed in time for the country to meet a July 20 deadline for the repayment of 3.5 billion euros ($3.9 billion) of bonds to the European Central Bank, a euro zone official said on Wednesday.

Asked whether agreement was possible within that time frame, the official, speaking on condition of anonymity, said it was 'theoretically doable'.

Read more from our special coverage on "GREECE CRISIS"

A second European official, who asked not to be named, said that agreement was possible within as little as two weeks.

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First Published: Jul 01 2015 | 3:14 PM IST

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