Stubb Says No Return of July Crisis as Greek Talks Set to Resume
- Euro-area ministers seek to avoid rerun of euro breakup fears
- Creditor mission chiefs could return to Athens on Tuesday
Alexander Stubb
Henrik Kettunen/BloombergThis article is for subscribers only.
Greece and its creditors are moving toward a deal that would release more aid and quell lingering fears the nation could be forced to leave the euro area, Finnish Finance Minister Alexander Stubb said as bailout monitors prepare to return to Athens on Tuesday.
Mission chiefs from the International Monetary Fund, the European Commission and the European Central Bank will travel to Greece on Tuesday to discuss how the nation can close its fiscal gap, according to three officials with knowledge of the talks who asked not to be identified because the negotiations are private. That could pave the way to finishing Greece’s bailout review, a prerequisite for aid disbursement and the start of debt relief talks.