Eurogroup talks on Greek debt deal go down to the wire

With an agreement expected on Greece's debt late on Thursday night, Greek and foreign officials were locked in talks at the Eurogroup in Luxembourg, discussing the extension of the repayment period of the European Financial Stability Facility (EFSF) loans and the size of the final bailout tranche. 

These two issues were the focus of a trilateral meeting between Greek Foreign Minister Euclid Tsakalotos and his French and German counterparts, Bruno Le Maire and Olaf Scholz. 

According to a Eurogroup draft document seen by Kathimerini and published on Wednesday, an extension of between 15 to 20 years for the repayment of EFSF loans was placed on the table, but was difficult for Germany to accept. 

The draft document also included measures stipulating the return of profits that eurozone central banks made on Greek government bonds and the abolition of an originally...