Pressed by foreign creditors to produce 11.5 billion euros in spending cuts in 2013 and 2014, Greek leaders said Wednesday they had identified areas that could be trimmed.
But members of the shaky coalition government added that there would be no further cuts in the current fiscal year, The New York Times reported.
They also appealed again for an extension of the country's economic adjustment program, imposed under the terms of Greece's international bailout, because of a deepening recession.
Speaking after a three-hour meeting, the coalition partners did not offer a breakdown of the savings, but said they had agreed on the basic direction for the cutbacks, equivalent to $14 billion.
Still to be determined was whether salaries and pensions would be cut further.
Prime Minister Antonis Samaras of the conservative New Democracy party attended the meeting of officials, which included his coalition partners, the Socialist leader Evangelos Venizelos and the Democratic Left chief Fotis Kouvelis, and the finance minister, Yannis Stournaras.
We agreed on everything in a general outline, Stournaras told reporters, The Wall Street Journal reported. We did not discuss specifics but a basic framework.
Venizelos said the measures will be finalized in the coming days after the first discussions we will have with the troika on these issues.
Greece is scrambling to put together the savings plan ahead of a visit to Athens by representatives from its troika of lenders -- the European Commission, the International Monetary Fund and the European Central Bank -- on July 24.