Tsakalotos said he expected Greece’s creditors to conduct a formal review of planned economic reforms by end-November, and if the verdict is positive, Greece could begin debt relief negotiations to recapitalize its banks before Christmas, the FT reported. It is important for the government to begin reforms by October, as this would unlock a bailout funds tranche of 3 billion euros ($3.36 billion) agreed upon in August, Tsakalotos said while speaking to FT.