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Top EU official says confident Greece, European creditors, can strike reform deal by Monday

  • European Commissioner for Economic and Financial Affairs Pierre Moscovici stands before a meeting with the Greek Prime Minister in Athens, on Tuesday, Nov. 3, 2015. Moscovici's talks with officials in Greece's leftwing government will focus on  the progress of reforms demanded by the country's European creditors in return for a third multi-billion euro bailout. (AP Photo/Petros Giannakouris)

    European Commissioner for Economic and Financial Affairs Pierre Moscovici stands before a meeting with the Greek Prime Minister in Athens, on Tuesday, Nov. 3, 2015. Moscovici's talks with officials in Greece's leftwing government will focus on the progress of reforms demanded by the country's European creditors in return for a third multi-billion euro bailout. (AP Photo/Petros Giannakouris)  (The Associated Press)

  • Greek Prime Minister Alexis Tsipras, left, meets with European Commissioner for Economic and Financial Affairs Pierre Moscovici in Athens, on Tuesday, Nov. 3, 2015. Moscovici's talks with officials in Greece's leftwing government will focus on  the progress of reforms demanded by the country's European creditors in return for a third multi-billion euro bailout. (AP Photo/Petros Giannakouris)

    Greek Prime Minister Alexis Tsipras, left, meets with European Commissioner for Economic and Financial Affairs Pierre Moscovici in Athens, on Tuesday, Nov. 3, 2015. Moscovici's talks with officials in Greece's leftwing government will focus on the progress of reforms demanded by the country's European creditors in return for a third multi-billion euro bailout. (AP Photo/Petros Giannakouris)  (The Associated Press)

  • Greek finance minister Euclid Tsakalotos arrives for a press conference in Athens, on Tuesday, Nov. 3, 2015. Tsakalotos met the heads of the Luxembourg-based European Investment Bank to sign an agreement worth 285 million euros in loans for Greek energy projects. Tsakalotos is locked in talks with bailout lenders, currently held up a disagreement over how to deal with a growing number of distressed mortgages. (AP Photo/Petros Giannakouris)

    Greek finance minister Euclid Tsakalotos arrives for a press conference in Athens, on Tuesday, Nov. 3, 2015. Tsakalotos met the heads of the Luxembourg-based European Investment Bank to sign an agreement worth 285 million euros in loans for Greek energy projects. Tsakalotos is locked in talks with bailout lenders, currently held up a disagreement over how to deal with a growing number of distressed mortgages. (AP Photo/Petros Giannakouris)  (The Associated Press)

A top European official says Greece and its European creditors should be able, by next week, to iron out disagreements on reforms the country must undertake to receive a new rescue loan installment.

Financial and economic affairs commissioner Pierre Moscovici said Tuesday that while significant progress has been made so far, "three or four" issues remain unresolved.

But he voiced confidence that a compromise will be found ahead of Monday's meeting of finance ministers from Greece's eurozone partners.

"We are not considering the case of failure, we are looking only for success," he said, after talks in Athens with Greek Finance Minister Euclid Tsakalotos.

Tsakalotos also said he expects talks on cutting Greece's huge debt load can start before Christmas.