Greek PM Confident a Reform Deal Is Done By May 9: Report

MarketWatch Pulse

Greek Prime Minister Alexis Tsipras is confident Athens will reach a deal with its international lenders by no later than next week, in time to meet a 750 million euros ($820 million) IMF loan repayment due on May 12. In his first major TV interview since being elected in January, Tsipras late Monday reportedly said he expects an agreement on a reform program to be hammered out before May 9, which would end a two-month negotiations deadlock with creditors. "I believe we are close. I believe that if no-one wants to undermine or torpedo [the talks] we are close to an accepted package," he said, according to the BBC. The prime minister cautioned, however, he would have to put the final deal up for a referendum if the lenders insist on reform measures his leftist government would deem unacceptable.

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