Greece Deal Said to Remain Elusive as Tsipras Eyes Summit

Alexis Tsipras, Greek PM

Photographer: Kostas Tsipras/Bloomberg
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Greece hasn’t made enough progress in its talks with euro-area authorities to seal a deal by this week’s leaders’ summit in Riga, Latvia, according to two European officials familiar with negotiations.

Furthermore, any efforts by the European Commission to broker a compromise won’t succeed unless the International Monetary Fund is fully on board, said two other European officials. All asked not to be named because talks are ongoing and private.