Greece says it has broadly agreed the substance of a bailout deal with its creditors, according to Greece’s finance minister Euclid Tsakalotos.

“Two or three small issues,” are pending with lenders, Reuters quoted Mr Tsakalotos as saying.

An agreement is needed keep the country in the eurozone and avert bankruptcy.

The Greek government is hoping to push the new €86bn (£60bn) three-year agreement through parliament later this week.

The country needs a deal by 20 August, when the country has a debt repayment of about €3bn to make to the European Central Bank.

Greece will not be able to make that payment without funds emerging from the country’s third bailout in just over five years.

Emerging from all-night talks at a central Athens hotel with negotiators representing Greece’s creditors, Mr Tsakalotos said: “I think we are very close.”

“Two or three very small details remain,” he added. (BBC)