ATHENS (Sputnik) — On Tuesday, the sides will discuss bank recapitalization and privatizing the assets of the Hellenic Republic Asset Development Fund (HRADF), as well as labor issues at the level of technical groups, the official said.
"On Wednesday, a new meeting between the two ministers with creditors will take place, while the first round of negotiations will finish and discussions summaries will be completed."
Following months of negotiations, Greece and its lenders reached a mid-July $95 billion preliminary agreement on a new bailout package for the country, to be delivered over the next three years in exchange for oppressive economic reforms.
Greece has a massive debt to its three main creditors — the International Monetary Fund, the European Central Bank and the eurozone nations. The country is struggling to fulfill the conditions of the new bailout, which include painful austerity measures.
