Pressure raises as troika to put deal to Greece

Greece’s creditors yesterday drafted the broad lines of an agreement to put to the leftist government in Athens in a bid to conclude four months of acrimonious negotiations and release aid before the cash-strapped country runs out of money.

The troika efforts to set out the terms for a cash-for-reforms deal came after the leaders of Germany and France held emergency talks with the institutions in Berlin on Monday to press the lenders to bridge their own differences and find a solution.

“It covers all key policy areas and reflects the discussions of recent weeks,” said a senior EU official, adding that it will be discussed with Greek prime minister Alexis Tsipras today.