Greece deal hangs in balance as IMF sees major differences

PoliticsGreek Politics
Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]
Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

Greek Prime Minister Alexis Tsipras was due to return to Athens on Thursday apparently no closer to a deal with lenders despite talks on Wednesday night with German Chancellor Angela Merkel and French President Francois Hollande, as well as two meetings with European Commission President Jean-Claude Juncker.

In unusually strong language, IMF spokesman Gerry Rice stressed during Thursday's regular bi-weekly briefing that “major differences remain in most key areas” and that there is “no progress in narrowing these differences,” leaving Greece and its lenders...

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