1 | Greece's Prime Minister Alexis Tsipras arrives at Syriza party headquarters for a meeting with senior party officials in Athens, Monday, July 27, 2015. |
2 | After passing a series of reforms demanded by creditors, the Greek government is hoping that negotiations on the bailout will be completed by Aug. 20 when the country has a big debt repayment of around 3.2 billion euros ($3.5 billion) to make to the European Central Bank. |
3 | Emissaries from Greece's international creditors are holding a second day of preparatory talks with Greek officials, ahead of higher-level negotiations later this week on the country's new multi-billion euro lifeline. |
4 | The aim is to thrash out the terms of the deal - worth about 85 billion euros ($94 billion) over three years - before Aug. 20, when Greece must make a debt payment that it cannot afford without new loans. |
5 | It will be the country's third bailout in more than five years. |
6 | So far, the country has received about 240 billion euros from the European Union and the International Monetary Fund. |