Greece Seeks Debt Clarity as Creditors Resist Concessions
- ECB seeks more visibility on debt before buying Greek bonds
- Eurogroup said to be unlikely to offer an improved deal
This article is for subscribers only.
Greece may not be offered a substantially improved debt-relief package when euro-area finance ministers discuss its bailout in Luxembourg next month, officials directly involved in the negotiations said.
Euro-zone creditors are unlikely to commit to further details of measures beyond the extension of maturities in rescue loans that they discussed last week, the officials said, asking not to be named because the ongoing talks are private. Such a deal on its own might still not be enough to convince the European Central Bank to start buying Greek bonds, they said.