Greece, creditors stepping up talks as debt deadline looms

Greek Finance Minister Euclid Tsakalotos, left, speaks with Dutch Finance Minister Jeroen Dijsselbloem, right, and European Commissioner for Economic and Financial Affairs Pierre Moscovici during a meeting of eurogroup finance ministers at the Europa building in Brussels on Monday, March 20, 2017. Finance ministers from countries using the euro single currency meet Monday to discuss Greece's debt-laden economy and their budgetary plans for 2017. (AP Photo/Virginia Mayo)
Greek Finance Minister Euclid Tsakalotos pauses during a meeting of eurogroup finance ministers at the Europa building in Brussels on Monday, March 20, 2017. Finance ministers from countries using the euro single currency meet Monday to discuss Greece's debt-laden economy and their budgetary plans for 2017. (AP Photo/Virginia Mayo)

BRUSSELS — Greece and its international creditors are stepping up talks on issues holding up the release of more loans to keep the country's debt-wracked economy afloat.

Eurogroup chairman Jeroen Dijsselbloem said finance ministers from the 19 nations that used the shared euro currency agreed Monday on more talks "intensified in the coming days here in Brussels."

He said the aim is to "clear those last big issues out of the way," including tax, pension and labor market reforms.

It's hoped the problems can be resolved by the next Eurogroup meeting on April 7, but Dijsselbloem said "there is no promise that all the work will be done by then."

Greece must pay around 7 billion euros ($7.4 billion) in July and without more loans it faces a potential exit from the euro.

Must Read

Small quake rattles nerves, causes no damage in Los Angeles

Sep 19, 2017

Los Angeles was jolted by a small earthquake that rattled nerves and got people talking on social media but didn't cause any major damage

Social Security projects biggest payment increase in years

Jul 14, 2017

The trustees who oversee Social Security say the millions of people who rely on the program can expect to receive their biggest payment increase in years come January

Filipino officials: Chinese navy stalked Philippine area

Aug 22, 2017

Two Filipino security officials say China has deployed navy and coast guard ships in a cluster of uninhabited sandbars in the disputed South China Sea amid concerns that the Philippines may build structures on them

People also read these

Small quake rattles nerves, causes no damage in Los Angeles

Sep 19, 2017

Los Angeles was jolted by a small earthquake that rattled nerves and got people talking on social media but didn't cause any major damage

Social Security projects biggest payment increase in years

Jul 14, 2017

The trustees who oversee Social Security say the millions of people who rely on the program can expect to receive their biggest payment increase in years come January

Filipino officials: Chinese navy stalked Philippine area

Aug 22, 2017

Two Filipino security officials say China has deployed navy and coast guard ships in a cluster of uninhabited sandbars in the disputed South China Sea amid concerns that the Philippines may build structures on them

Weather, 20 December
Houston Weather
+7

High: +11° Low: -2°

Humidity: 83%

Wind: NNE - 7 KPH

Canberra Weather
+27

High: +27° Low: +17°

Humidity: 87%

Wind: W - 20 KPH

Roissy-en-France Weather
+6

High: +6° Low: -5°

Humidity: 87%

Wind: ENE - 7 KPH

Florence Weather
+9

High: +9° Low: +6°

Humidity: 97%

Wind: ENE - 17 KPH

Parga Weather
+7

High: +16° Low: +4°

Humidity: 100%

Wind: SE - 25 KPH

About Us

In The Headline sought to bring professionalism back into journalism, bringing you only the most exclusive and the most impactive news from all over the globe.

Contact us: sales@verticalnewsnetwork.com

Popular News