Politics

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Photo by ECB via Flickr https://flic.kr/p/qhZVDy Greece hopes to catch break from ECB as IMF puts its foot down

The Greek government is due to launch a new effort on Tuesday to overcome its liquidity problems as talks with its lenders still look far from being concluded and have been complicated by the International Monetary Fund reportedly stressing the need for debt relief from the official sector.

Photo by MacroPolis Lack of time, lenders' demands back Greek gov't into corner

Brussels Group talks are due to resume on Thursday, with a beefed up Greek team consisting of 18 officials from a range of ministries taking part in the negotiations and reports suggesting that Athens is now willing to back down from some of its “red lines.”

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