EU officials note progress in Greek bailout talks, deal possible next week

Greek Prime Minister Alexis Tsipras looks on during a ministerial meeting at the Interior Ministry in Athens about the recent migration wave to Greece, August 7, 2015. REUTERS/Yiannis Kourtoglou

BRUSSELS/ATHENS (Reuters) - Greece is on track to complete a draft deal on a third bailout by Tuesday and possibly get a first disbursement by Aug. 20 to meet a key payment, sources familiar with a conference call of senior EU finance officials late on Friday said.

Athens is negotiating with European Union institutions and the International Monetary Fund for up to 86 billion euros ($94 billion) in fresh loans to stave off economic collapse and stay in the euro zone.