Failure to agree on contingent measures causes further delay in conclusion of review

PoliticsGreek Politics
Photo by R/DV/RS via Flickr
Photo by R/DV/RS via Flickr

Greece and its lenders appear to have hit a new wall in their negotiations over the first bailout review after failing to agree on a mechanism for the automatic implementation of fiscal measures should the programme targets not be met.

Following a brief meeting between Finance Minister Euclid Tsakalotos and the representatives of the institutions in Athens on Tuesday evening, Eurogroup president Jeroen Dijsselbloem held a teleconference with the visiting officials and decided there wa...

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