Greece’s Main Deadline Is End of June, EU Official Says
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The euro area now views the end of June to be Greece’s main deadline to unlock aid payments as hopes of a deal before April 30 fade, a European Union official said.
Greece is unlikely to meet the end-April target for it to submit a list of measures to revamp its economy, agreed between euro-area finance ministers and the new Greek government in February, the EU official said in Brussels on Tuesday. Consequently, the 19-nation bloc’s finance chiefs meeting in Riga, Latvia, on Friday will merely take stock of the progress of negotiations rather than make any decisions, the official said.