Greece and its euro-area partners are stepping up talks in a bid to break an impasse over bailout aid as early as next week, even if the country’s government sent conflicting signals over its willingness to agree on long-stalled reforms, according to Bloomberg.
A key factor in a potential breakthrough may be the decision by Greek Prime Minister Alexis Tsipras to intervene and play a major role in negotiations to help the process along. That gave the signal that his government may at last be willing to do what is needed to unlock the stalled bailout, Bloomberg noted.
“There seems to be movement in translating the bullet points into action,” Austrian Finance Minister Hans Joerg Schelling said in an interview on Wednesday, adding that “there is a clear recognition that we need to have enough on May 11 to be able to keep talking.”
(Source: ANA-MPA)
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