Greece to Meet With Creditors as Talks Stuck in Stalemate
ByFrench President Francois Hollande, left, and German Chancellor Angela Merkel last week set a target of reaching a deal by the end of May. Photographer: Tobias Schwarz/AFP/Getty Images
Greek officials plan to meet Wednesday in Brussels with creditors as time runs short to secure a deal before the country needs to make payments to the International Monetary Fund in early June.
There has been little convergence in recent talks to release bailout funds the country needs to pay the IMF almost 1.6 billion euros ($1.75 billion) next month, said people familiar with the matter, who asked not to be identified because the discussions are private. The first of the transfers is due June 5…