Greece: Regime, lenders seek deal as bailout talks resume in Athens

Source: Reuters

“Greece and its foreign creditors resume talks on Tuesday on reforms prescribed under the international bailout and further debt relief, aiming to reach a comprehensive deal before a meeting of euro zone finance ministers on May 22. Talks over reforms in the energy and labor market and on pension cuts and income tax have dragged on for months mainly due to differences between EU lenders and the International Monetary Fund over fiscal targets. The leftist-led government and the lenders reached a deal this month in Malta on key elements of reforms worth 2 percent of gross domestic product which the country has agreed to legislate now but implement in 2019 and 2020.” (04/25/17)