The Greek government and the delegation from the EU-ECB-IMF troika have agreed a series of reforms after two weeks of negotiations.

The main point is the lay-off of 15,000 civil servants by the end of 2014, with 4,000 going this year. They will be replaced “by young, capable people,” according to Poul Thomsen, the head of the International Monetary Fund’s mission to Greece.

As a result, adds the daily, “the release of a loan tranche of €2.8bn that had been due in March could be agreed soon by the Eurozone member states.”