Skip to content
Subscriber Only
Business
Economics

Greece, Creditors Delve Into Details as Deadline Looms

Alexis Tsipras, Greece's prime minister, speaks during an event in Athens, Greece, on Friday, May 15, 2015.

Alexis Tsipras, Greece's prime minister, speaks during an event in Athens, Greece, on Friday, May 15, 2015.

Photographer: Kostas Tsironis/Bloomberg
Updated on

Greece delved into detailed proposals with creditors as some European policy makers struck an increasingly optimistic tone that a deal to unlock bailout aid can be reached.

An agreement is possible in the coming weeks following progress this month, European Union Economic and Monetary Commissioner Pierre Moscovici told the French Senate Wednesday, the day after German Chancellor Angela Merkel said Greece had until the end of the month to reach a deal.