Greek Talks Face Hurdles as Finance Chiefs Ready to Meet

Alexis Tsipras

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Euro-area finance ministers will meet for the third time in a week on Wednesday to try to secure an agreement to avert a default in Greece.

With a week to go before the country’s bailout expires, a deal appeared within reach after Greek Prime Minister Alexis Tsipras signaled he was ready to end a bitter five-month standoff and reach agreement with creditors to unlock aid. While hurdles remain -- including votes in the German and Greek parliaments, and figuring out how to pay the International Monetary Fund -- analysts say a solution will be found.