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Top Euro Officials Eye May Agreement on Greek Loans

Submitted by ckanon@abi.org on
Leading European officials hope the deadlock preventing Greece from getting much-needed bailout cash will be broken next month, the Associated Press reported today. Jeroen Dijsselbloem, who chairs meetings of the eurozone’s 19 finance ministers, said today that he hoped to report “the successful conclusion of the second review before the end of next month.” Greece has to meet a series of targets to get the money it needs to avoid bankruptcy. Eurozone finance ministers will meet on May 22 to assess Greece’s progress, which has been held up over tax, pension and other reforms.