Greece Misses Another Bailout Deadline as Talks Set to Resume
- Agreement on sending monitors to Athens topped Monday agenda
- Finance ministers meeting in Brussels say deal wasn’t urgent
Greek national flag flies in front of the Greek Parliament in Athens.
Photographer: Kostas Tsironis/BloombergThis article is for subscribers only.
Euro-area finance ministers on Monday poured cold water on a quick disbursal of new aid payments, with Athens and its creditors agreeing to pick up discussions in the coming days. Greek bonds rallied.
Creditors are demanding that the nation institute tax, pension and labor reforms before they’ll sign off on an agreement. Officials had once pinpointed Monday’s meeting in Brussels as the final chance to get Greece its money before Europe’s politicians get too distracted by upcoming national elections.