Alexis Tsipras hints that Greece is nearing compromise deal on debts

After weekend of intense talks, Greek prime minister is thought to be hopeful of 'viable' but tough agreement before bailout accord is due to expire

The Greek leader, Alexis Tsipras, has indicated that his negotiating team is nearing a compromise deal to avert Athens defaulting on its debts and being dumped out of the eurozone.

After a weekend of intense talks with EU officials in Brussels, the final bid to keep Greece afloat will boil down to a tug-of-war deal over the country's staggering debt load, which Athens has insisted must be reduced as the price for further cuts in public spending.