Lack of liquidity, political cost push Greek gov't to seek swift deal with lenders

PoliticsGreek Politics
Photo by MacroPolis
Photo by MacroPolis

The meeting between Greek Prime Minister Alexis Tsipras and German Chancellor in Brussels on Thursday appeared to confirm that there is a gradual, but not total, convergence between the institutions and Athens, which seems increasingly alarmed by its lack of liquidity.

The reports coming out of the meeting suggest that the two leaders established common ground on several issues, such as the fiscal targets Greece has to meet (1.2 to 1.5 percent of GDP primary surplus this year and next). The Greek government also appea...

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