Economics
Merkel Steps In to Speed Greek Deal as Tsipras Heads West
Showdown in Brussels: Is This Greece’s Final Offer?
This article is for subscribers only.
German Chancellor Angela Merkel is trying to speed up a resolution to the four-month standoff over Greece’s finances as Prime Minister Alexis Tsipras pursued late-night talks with European officials in Brussels.
As head of the biggest country contributor to Greece’s 240 billion-euro ($268 billion) rescue, Merkel stepped in to unblock the stalemate starting on Monday with a top-level huddle in Berlin. Tsipras is meeting Commission President Jean-Claude Juncker and Eurogroup Chairman Jeroen Dijsselbloem this evening to discuss the next steps, according to an EU official.