Athens — Greece has reached a preliminary deal with its creditors that should pave the way for long-awaited debt relief talks, the Greek finance minister said on Tuesday. "The negotiations are concluded," Euclid Tsakalotos told reporters, according to state agency ANA. After overnight talks, Tsakalotos said a "preliminary technical agreement" had been achieved ahead of a May 22 meeting of eurozone finance ministers, which was required to approve the deal. Tsakalotos added he was certain that the agreement would enable Greece to secure debt relief measures from its creditors, which he has said is vital to spearhead recovery in the country’s struggling economy. "There is no excuse of lack of agreement" in the talks, he said. A compromise is required to unblock a tranche of loans Greece needs for debt repayments of €7bn in July. Under pressure from its creditors — the EU, European Central Bank (ECB) and the International Monetary Fund (IMF) — the government agreed to adopt another €3.6...
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