• Aug. 19, 2017, 1:41 pm

Greek PM holds teleconference with German, French leaders

ATHENS (Reuters) – Greek Prime Minister Alexis Tsipras held an hour-long call with German Chancellor Angela Merkel and French President Francois Hollande amid slow-moving negotiations over a cash-for-reforms deal, a Greek government official said on Thursday.

Greece and its European and International Monetary Fund lenders have been locked in talks on the reforms agreement for four months without a breakthrough in sight. Without a deal, Athens risks default or bankruptcy in weeks.

A new round of negotiations began on Wednesday in Brussels. Greece hopes for a deal by Sunday.

(Reporting by Renee Maltezou; Editing by Andrew Heavens)

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