Politics

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Greece and lenders fail to bridge their differences in Brussels

Last-ditch efforts in Brussels to reach a deal between Greece and its lenders proved fruitless over the weekend, meaning attention will now turn to Wednesday’s meeting of the European Central Bank’s general council and Thursday’s gathering of eurozone finance ministers in Luxembourg.

Photo by MacroPolis Tsipras mulls options as creditors pile on pressure

Prime Minister Alexis Tsipras gathered some of his key ministers on Friday to discuss the government's next steps after lenders reportedly gave Athens until the evening to come up with counter-proposals that could help seal an agreement on its bailout.

Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/] Greece deal hangs in balance as IMF sees major differences

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.

Photo by MacroPolis Tsipras keeps IMF waiting, turns focus to MPs and opposition

Alexis Tsipras is due to speak in Greek Parliament at 6.30 p.m. local time on Friday in one of the defining political appearances of his career and one that is likely to have a pivotal impact on whether Greece can reach a deal with its lenders in the next few days.

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