Greek bailout talks end without agreement
IMF fails to agree that commission concessions would make debt sustainable
Talks between the Greek government and the international agencies that are its creditors broke up on May 22, without any agreement on the terms for disbursing the next tranche of bail-out funds. Greece needs funds to pay off approximately $7.3 billion of loans due to mature in July this year.
Greek government ministers met officials from the European Central Bank, the European Commission, the European Stability Mechanism and the International Monetary Fund. There have been public disagreements
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