Alexis Tsipras Claims Greece is Close to IMF Deal

The Greek prime minister, Alexis Tsipras, has sought to prevent a full-blown run on the debt-stricken country’s banks by promising that he is close to reaching a deal with creditors. Speaking to a group of business leaders, he said the government is ready to compromise with Brussels and the International Monetary Fund as long as a deal will stabilize the situation and allow the country to raise money on the financial markets again. Tsipras told the Federation of Hellenic Enterprises that Greece was “in the final straight for an agreement” with creditors, adding that a deal would come “very soon”. His comments on Monday came after a Greek government spokesman denied suggestions Athens was considering a Cyprus-style raid on savers’ bank accounts.