ATHENS: ‘ ALEXIS TSIPRAS VOICES HOPE WITH BAIL-OUT TALKS SAYING WE ARE CLOSE TO INITIAL DEAL ‘

#AceFinanceReport – Featured Update:GREECE:April.30: Greek Prime Minister Alexis Tsipras on Tuesday voiced hope that bailout talks between the cash-strapped country and its international creditors are "very close" to an initial deal.

• He has sidelined finance minister, Yanis Varoufakis, who has frustrated eurozone officials with his abrasive style and perceived foot-dragging.

• Instead the more mild-mannered Foreign Ministry official, Euclid Tsakalotos, would handle day-to-day discussions.

• Tsipras told private Star TV that he believes a first agreement can be struck by the end of next week, which can then be ratified by Greece’s European partners.

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