DHAKA: Greece is near to securing a new bailout agreement, possibly within the day, Euclid Tsakalotos, Greek finance minister has said, according to the media.

Tsakalotos told reporters on Tuesday that discussions have ‘moved very far forward’ and that ‘two or three details remain’.

He did not provide further details, reports Al Jazeera.

Greece’s government is hoping to push the new $93bn three-year agreement through parliament this week.

However, many in the ruling left-wing Syriza party are voicing their opposition to the deal, which would see the imposition of further spending cuts among a series of austerity measures.

Figures next week are set to confirm that Greece’s recession deepened in the second quarter as concerns over the country’s euro future dented confidence.

BDST: 1316 HRS, AUG 11, 2015
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