Economics
European Leaders Deciding On Greece's Fate Agree That Talks Must Intensify
EU Leaders Convene in Midnight Meeting on Greece
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European leaders and the head of the International Monetary Fund agreed to intensify talks over Greece’s fate after a top-level meeting in Berlin about ways to avert a default.
The huddle lasted past midnight into Tuesday morning at the German Chancellery with Angela Merkel, IMF chief Christine Lagarde, European Central Bank President Mario Draghi, French President Francois Hollande and European Commission President Jean-Claude Juncker in attendance. The goal was to hammer out an offer that Greece could consider in coming days, according to two people familiar with the plan.