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Greek bailout deal to miss deadline

Feb. 17, 2017 2:07 AM ETGlobal X MSCI Greece ETF (GREK)GREKBy: Yoel Minkoff, SA News Editor11 Comments
  • Eurozone finance ministers and the IMF seem likely to miss next week's deadline to agree on a €7B bailout for Greece.
  • The two sides remained at loggerheads over an IMF demand that Athens be granted debt relief and easier surplus targets, meaning a pact may now be months away.
  • While Greece won't face bankruptcy trouble until July, eurozone officials were racing to strike a deal so the drama wouldn't be forced into the upcoming Dutch and French elections.
  • ETFs: GREK

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