A new round of negotiations at the Brussels Group is scheduled to begin on Tuesday, with Greek sources estimating that a preliminary agreement may be reached by the end of the week.

According to the sources of Mega Channel correspondent in Brussels, Manolis Spynthourakis, there is a convergence in many key areas, which suggest that a agreement may be reached by the end of the week, which in turn will be put before the Eurogroup, in order to unblock funding.

An agreement appears to have been reached regarding the tax reform, with both sides agreeing on three VAT rates and currently debating what rates will apply to the various categories of products and services.

Similarly, there are appears to be a convergence on increasing the average age of retirement, as well as taking steps towards eliminating early retirements.

Finally, there are signs of convergence in finances, primary surplus targets and bad loans.