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Greece, lenders locked in marathon talks for bailout deal

Greece is hoping to wrap up a deal for 86 billion euros in fresh loans to pay back the ECB

Greece Crisis

Reuters  |  Athens 

Greece and its international lenders were locked in marathon talks overnight to seal a multi billion-euro bailout deal on Tuesday, racing against a countdown to European Central Bank debt repayments falling due in days. The indebted country is hoping to wrap up a deal for 86 billion euros ($94.75 billion) in fresh loans so it can get parliamentary and other approvals for aid to flow by Aug 20, when a 3.2 billion euro debt payment is due to the ECB.Read more from our special coverage on "GREECE CRISIS"Greece hopes to conclude bailout talks by todayGreece and creditors close to deal on ...

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First Published: Tue, August 11 2015. 09:46 IST