Eurozone finance ministers seek Greek deal
Greece’s eurozone and IMF creditors remain locked in a tense stalemate over debt relief and budget targets
Brussels — Eurozone finance ministers will on Monday seek the outline of a deal to unblock bailout cash for Greece before fraught elections across Europe endanger a quick fix. Greece’s eurozone and IMF creditors remain locked in a tense stalemate over debt relief and budget targets, spooking financial markets with fears of a return of the "Grexit" crisis. Athens will soon need the latest tranche of the huge €86bn bailout agreed in 2015 so it can afford to repay €7bn in debt in July, or risk defaulting. "We are more positive after various telephone calls this weekend between the Eurogroup president Jeroen Dijsselbloem, EU economic affairs commissioner Pierre Moscovici and Greek Finance Minister Euclid Tsakalotos and other ministers," a source said. Greece said last week that it hoped for a "political agreement in principle" at the meeting of the Eurogroup of 19 eurozone finance ministers in Brussels. A senior eurozone official involved in the talks said that the "best-case scenario" ...
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