Greek Decision Won’t Happen Until Saturday, EU Official Says
Bailout Talks Extended Into the Weekend as Time Runs Out
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Greece’s prospects for reaching a deal with creditors are better than 50 percent and the final outcome won’t become clear until Saturday, a European Union official said.
Talks with Greece continue on the offer that creditors put forward this week, which has some limited flexibility to adjust to Greek concerns, the official told reporters. The goal is to reach a tentative agreement by the time finance ministry deputies meet in Brussels, ahead of a euro-area ministers’ gathering slated for 2 p.m. on Saturday.