The European Commission does not expect decisions from a conference call of EU deputy finance ministers on Friday to discuss the state of negotiations on a third Greek bailout, a spokeswoman said.

“It will be an opportunity to get an update from the institutions on where we stand, what progress has been made,” a spokeswoman for the European Commission said. “We don’t expect any particular decisions.”

She added that experts were working with Greek counterparts to draft a memorandum of understanding for a three-year loan programme worth up to 86 billion euros.