World

Spanish economy minister confident of accord on Greece in next few days, says no 'Plan B'

  • Greece's Prime Minister Alexis Tsipras gives a speech during an economic conference in Athens, on Friday, May 15, 2015.  Tsipras said that his country’s left-wing government is “very close” to reaching a vital deal with bailout lenders, but insists there is “no possibility of retreat” on demands to further axe pensions and wages.(AP Photo/Petros Giannakouris)

    Greece's Prime Minister Alexis Tsipras gives a speech during an economic conference in Athens, on Friday, May 15, 2015. Tsipras said that his country’s left-wing government is “very close” to reaching a vital deal with bailout lenders, but insists there is “no possibility of retreat” on demands to further axe pensions and wages.(AP Photo/Petros Giannakouris)  (The Associated Press)

  • A man looks at the 140 B.C. bronze statue of a young jockey riding a horse during the International Day Museum with free entrance for the visitors, at the Archeological museum in Athens on Monday, May 18, 2015. Greece’s cash-strapped government signaled Monday it needs a deal with bailout lenders by the end of the month to keep up loan repayments though the summer, as renewed concern rattled markets and saw borrowing rates shoot up. (AP Photo/Thanassis Stavrakis)

    A man looks at the 140 B.C. bronze statue of a young jockey riding a horse during the International Day Museum with free entrance for the visitors, at the Archeological museum in Athens on Monday, May 18, 2015. Greece’s cash-strapped government signaled Monday it needs a deal with bailout lenders by the end of the month to keep up loan repayments though the summer, as renewed concern rattled markets and saw borrowing rates shoot up. (AP Photo/Thanassis Stavrakis)  (The Associated Press)

  • An elderly street vendor using a wheelchair holds a beach umbrella to protect from the sun in Athens on Monday, May 18, 2015. Greece’s cash-strapped government signaled Monday it needs a deal with bailout lenders by the end of the month to keep up loan repayments though the summer, as renewed concern rattled markets and saw borrowing rates shoot up. (AP Photo/Thanassis Stavrakis)

    An elderly street vendor using a wheelchair holds a beach umbrella to protect from the sun in Athens on Monday, May 18, 2015. Greece’s cash-strapped government signaled Monday it needs a deal with bailout lenders by the end of the month to keep up loan repayments though the summer, as renewed concern rattled markets and saw borrowing rates shoot up. (AP Photo/Thanassis Stavrakis)  (The Associated Press)

Spain's economy minister says he is confident an agreement will be reached with Greece in the coming days to get the country back on track.

Speaking at a business breakfast Monday, Luis de Guindos said Greece had little time to play with and the agreement with creditors was imperative given the country's financial difficulties.

De Guindos said Greece must present a complete and wide ranging list of reforms for the agreement to be reached and allow it to return to growth.

De Guindos said he was not aware of any alternative emergency plan should an accord not be reached.

Greece is battling to reach a deal with eurozone lenders that would release the final installment of its bailout plan. It needs it to avoid defaulting on its debts this summer.