Europe's Big Debt Drama Enters Finale as Clock Ticks for Greece

  • Finance ministers to discuss Greek relief terms in Sofia
  • Euro area and Greece look to June for final bailout exit deal

Tourists gather outside the Greek parliament building in Athens, Greece. 

Photographer: Yorgos Karahalis/Bloomberg

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Europe may be about to let Greece out of the financial doghouse, yet the wrangling is set to escalate over the terms and conditions.

Finance ministers from the euro region meet in Sofia on Friday for talks on easing repayment terms on Greek bailout loans. While Germany is indicating it may take less of a hard line, there are persistent differences among nations and the International Monetary Fund over how much leeway to give and how much supervision should continue.