1 | ATHENS, Greece - 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. |
2 | 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. |
3 | It will be the country's third bailout in more than five years. |
4 | So far, the country has received about 240 billion euros from the European Union and the International Monetary Fund. |