May 16, 2021

Greek Deal Unlikely Before Next Week

ATHENS (Reuters) – The Institute of International Finance said on Saturday that talks on a Greek debt swap deal were continuing and its chief’s departure from Athens was scheduled and not unexpected.

Charles Dallara, who negotiates a Greek debt swap in the name of creditors, had “longstanding personal appointments” out of Greece, the IIF said in a statement.

Greek government officials said late on Friday that talks in Athens were expected to continue on Saturday.

“Talks are continuing,” the IIF said in a statement. “A team of experts representing the Steering Committee remains in Athens and will be working with government officials on many aspects of the PSI.”

(Writing by Ingrid Melander; Editing by Dina Kyriakidou)

Article source: http://feeds.nytimes.com/click.phdo?i=797cbb304dc24a324cf7eee0fde66846

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