Greece Races to Secure Bailout Deal Amid German Doubts
A reflection of share prices on an electronic ticker screen sits on a glass door panel inside the Athens Stock Exchange.
Photographer: Kostas Tsironis/BloombergThis article is for subscribers only.
Greece faces a weekend of intensive negotiations to tie up a bailout of 86 billion euros ($93 billion) in time to meet its debt obligations for this month, as German lawmakers cautioned against rushing to strike a deal.
Greece and its creditors have set a Monday target to complete the so-called memorandum of understanding that sets out the budget-austerity and economic-overhaul conditions required for a third rescue, according to three officials with knowledge of the discussions who asked not to be named because they are private.