ATHENS (Reuters) – Greece and its private creditors said on Saturday they were piecing together the final elements of a debt swap and expected to have a deal ready next week, essential for sealing a new bailout and avoiding an uncontrolled default. After muddling through round after round of inconclusive talks, the negotiations are in their final phase – though it appeared unlikely that a preliminary deal would be secured in time for a European Union summit on Monday. …

Quoted from Greece, creditors on verge of clinching debt deal on Yahoo! News – Latest News & Headlines

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