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Bailout talks on Greece resume
By NICHOLAS PAPHITIS
Associated Press

ATHENS — Greece resumed long-delayed bailout talks with its creditors Tuesday as figures showed bank deposits in the cash-strapped country running at a 15-year low.

Representatives from Greece’s bailout inspectors in Europe and the International Monetary Fund have resumed talks with the Greek government on further reforms following a months-long delay caused by disagreements over the appropriate austerity mix.

Enacting changes to such things as pensions and the labor market will unlock more bailout cash — meaning Greece will have enough money to pay off debts due in July.

Finance Minister Euclid Tsakalotos said that he expects the talks to last ‘‘a week or 10 days’’ and that the aim is to achieve a ‘‘preliminary’’ agreement by the next scheduled meeting of eurozone finance ministers on March 20.

Associated Press