Reuters reported on Monday that Greece hopes to reach a deal with its creditors "by Monday night or early Tuesday", according a Greek government official.

"When the new bailout comes to parliament for a vote it will be one bill with two articles - one article will be the loan agreement and the MoU (memorandum of understanding) and the second article will be the prior actions," a Greek official said.

A third bailout programme needs to be approved by several EU member states.