James Kanter and Niki Kitsantonis
Eurozone finance ministers agreed on Tuesday to begin negotiations in Athens as soon as next week over much-needed overhauls in exchange for bailout payments, with Greece appearing to win a reprieve from the crippling austerity that it has faced for years.
The agreement fell short of an all-encompassing deal, with key questions unresolved over the shape of the changes to Greece’s pensions, as well as its tax and labor rules. But it is a positive sign ahead of a meeting this week between Chancellor Angela Merkel of Germany and Christine Lagarde, the head of the International Monetary Fund, who have taken contrasting positions on debt relief toward Athens.
Greec…
Read the full article at: http://www.afr.com/news/politics/world/greece-eurozone-governments-agree-to-resume-86b-bailout-talks-as-economy-worsens-20170220-guhcko