Greece creditor agreement 'in coming days': EU commissioner

Greece and its EU-IMF creditors will reach a deal to release the next tranche of its 86-billion-euro bailout "in the coming days", said a senior EU official on Monday after talks in Brussels. "Staff level agreement to be finalised in coming days, including the contingency mechanism," said Valdis Dombrovskis, the EU Commission's vice-president in charge of the euro, following the meeting of the Eurogroup, the eurozone's 19 finance ministers. The "contingency mechanism" refers to extra reforms that will kick in case Greece misses its spending targets in 2018.