Government and representatives of the institutions pause talks as new deal is drafted

The main issues that remain open in the ongoing negotiations between the government and the representatives of the institutions are labour laws, fiscal issues and the out-of-court settlement for non-performing loans, a finance ministry official said on Monday evening.

According to the official, the two sides paused the meeting for a few hours so that the representatives of the institutions can draft a new draft agreement which will include the comments of the Greek side. The plan will be handed over to the government’s economic team later tonight, signaling a new round of talks, as “some (of the Greek observations) might be accepted, some may not be accepted and some may be deferred,” the official said.

He also said a teleconference will be held next week as the heads of the institutions will leave Athens on Tuesday due to the Thanksgiving holiday in the U.S.