Greece says expects bailout deal by Aug 18

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Greece expects to conclude a bailout deal with international lenders by Aug. 18, with the drafting of the accord starting on Wednesday, government spokeswoman Olga Gerovasili said on Tuesday. Greece's finance and economic ministers were due to meet international lenders later on Tuesday to discuss privatizations and bank recapitalization. In an interview with Ethnos newspaper on Monday, European Economic Affairs Commissioner Pierre Moscovici described an August deal as possible, but said it would be "ambitious", suggesting that it would take hard work to achieve it.




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