Greek Bailout Tranche Deal Eludes as Refugee Challenge Grows

Greece and its creditors ended the latest round of talks on Sunday without reaching an agreement on the terms attached to the country’s bailout, as Europe’s most-indebted state faces the challenge of handling the continent’s biggest-ever wave of irregular migration.

Work will continue over the Easter break and bailout monitors will return to Athens on April 2 with a view to concluding negotiations as soon as possible, a European Commission spokeswoman said in an e-mail. “Significant progress has been made on outstanding issues as income tax and pension reforms,” according to Dutch finance minister Jeroen Dijsselbloem. “Talks between the Greek government and the institutions have been productive since the mission started after the last Eurogroup,” Dijsselbloem, who also chairs meetings of his euro-area peers, said in an e-mailed statement.