Greece still far from a deal with creditors

A Euro Working Group (EWG) teleconference held Monday ended without much progress in ongoing talks between Greece and its creditors. Greece’s envoy in the negotiations currently taking place in Paris said any decision must be reached on a “political level.”

The head of the Eurogroup Working Group, which prepares decisions for euro zone finance ministers, said Athens would not present a new list of economic reforms required to unlock further EU bailout funds when Eurogroup ministers meet in Latvia on Friday, but Greece should be able to stay solvent up to June.

For the full story, please click here.