European talks over Greece resume, but compromise remains elusive
The Greek Parliament backed down in its confrontation with the country’s creditors.
ATHENS — Bitterly divided European officials were trying to salvage hopes Sunday of averting an imminent financial collapse in Greece, squaring off in a fresh round of talks over how or whether to give this Mediterranean nation its third bailout in five years.
The meeting set up a day that could rapidly define the future of the world’s most ambitious currency union, the euro. Meeting in Brussels, finance ministers from the 19 nations of the euro zone were unable to come together during a marathon round of talks that broke off in the early morning, exposing the deep fault lines that have developed in recent days over rescuing Greece and the price other nations must pay to allow it to stay in the euro.
Greeks overwhelmingly voted against a strict bailout package proposed by the E.U. Here is how that affects Greece and the United States. (The Washington Post)
European finance ministers temper optimism over the possibility of a Greece bailout deal. (Reuters)
