FinMin Varoufakis: Α deal will happen and will happen quickly, as it’s the only option we have

Greek Finance Minister Yanis Varoufakis was more upbeat in his assessment of the situation, insisting that a deal
“will happen and will happen quickly, as it’s the only option we have.”

He said much progress had been made on reforms demanded by creditors, such as privatization, revamping the taxation system and paring back bureaucracy.

“We look at the last weeks and what we see is convergence,” he said.

He said the main sticking points related to pensions and the budget surplus that Athens is required to produce after the deduction of debt and interest payments.