The government was given additional 24hrs by the Euroworking group to tie up loose ends in order to unlock 7.5 billion euros in bailout funding.

Having reached a staff level agreement with Greece’s creditors, the government is now focused on legislating prior actions as well as its proposed contingency mechanism to complete the review of its third bailout, ahead of the May 24 Eurogroup meeting.

The representatives of the institutions will have a series of meetings with the government economic staff on Wednesday within the framework of the new round of negotiations for the second package of  needed for the disbursement of 2 billion euros.