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Creditors' Experts to Finalize Greece Accord Next Week: Official

Experts representing global lenders will return to Greece to work out the provisions of an agreement for the country next week, according to an EU official.

Greece and its creditors agreed on April 7 on major aspects of reforms to secure new financing and concurred these experts would return to the nation the soonest possible time to finalize the deal.

However, Europe's official on economics Pierre Moscovici said technical reasons caused the delay. He added they would discussion the completion of the said pact in Washington, on the sidelines of the yearly IMF gathering.

The Greek government's spokesperson had mentioned the institution may fund the nation's bailout scheme with a minimal amount for around one year, although the matter was still being discussed between the country and its lenders.

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