Agreement on Greek debt crisis 'in sight'

Greek Prime Minister Alexis Tsipras says talks in Brussels on Greece's debt crisis were "constructive" and he believes "an agreement is in sight".

However, he said Greece still rejected some proposals put forward by creditors.

Eurogroup chief Jeroen Dijsselbloem said the talks between Tsipras and European Commission chief Jean-Claude Juncker were "very good" and would resume in a few days. Greece has a €300 million IMF repayment due on Friday.

Tsipras said that Greece and its creditors were now "very close to an agreement over primary surpluses" which he said would mean going forward "without the tough austerity measures of the past".

However, he added, "There are points that no-one would consider as a base for discussion. The talks will continue in the coming days."

The primary budget surplus - the amount by which tax revenues exceed public spending - was expected to be one of the main sticking points in talks, and Greece had been keen to agree a lower figure.

Greece's current bailout arrangement with the IMF, European Central Bank (ECB) and European Commission runs out at the end of June.

The cash-strapped government has been haggling since February over the release of the last €7.2bn in funds.