EU Sends Envoy to Salvage Greece Deal as February Date Looms
- EU’s Moscovici to meet Tsipras and Tsakalotos in Athens
- Creditors ask Greece to legislate more measures for 2019
Pierre Moscovici.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
Greece and its creditors are intensifying efforts to complete a stalled review of the nation’s bailout that would unlock much-needed aid before more than 6 billion euros ($6.3 billion) in obligations come due in July.
EU Commissioner for Economic Affairs Pierre Moscovici met with Greek Prime Minister Alexis Tsipras and Finance Minister Euclid Tsakalotos in Athens Wednesday to try to reconcile differences over what reforms are needed to stabilize the country’s economy. European rescue monitors had wanted a deal reached by Feb. 20 when euro-area finance ministers gather in Brussels.