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Greece Seeks New Contract on Bailout as Aid Talks Resume

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German Concessions Offer Hope for Greece’s Economy

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Greece is seeking what Prime Minister Alexis Tsipras called a “new contract” with the euro area on how to continue its bailout, as talks resumed and both sides signal willingness to compromise.

Greek Finance Minister Yanis Varoufakis met experts from the European Commission, the International Monetary Fund and the European Central Bank on Friday in Brussels. He planned to return to Athens for the weekend before traveling to Brussels on Monday to resume talks with his euro-area finance counterparts, said a Greek Finance Ministry official who asked not to be named because the talks are private.