Greek PM says EU bailout deal ‘in sight’

Greek prime minister Alexis Tsipras is confident the embattled state will be able to secure a new deal on its debts to EU lenders, according to reports.

Tsipras spent more than four hours negotiating with EU commission president Jean-Claude Juncker, as well as Eurogroup president Jeroen Dijsselbloem, yesterday, and claimed an agreement was “within sight”.

The BBC reports Tsipras claimed Greece and its creditors are “very close to an agreement over primary surpluses” which he said would mean going forward “without the tough austerity measures of the past”.

However, he added: “There are points that no-one would consider as a base for discussion. The talks will continue in the coming days.”

In a statement, the European Commission describes the meeting in Brussels as “constructive”.

“Progress was made in understanding each other’s positions on the basis of various proposals. It was agreed that they will meet again. Intense work will continue,” the Commission says.

Greece secured a temporary extension on its European debts in February, but is due to repay $335m as the first of four payments on IMF loans later this month.