May
22
Greek Talks Break Up as Earlier Optimism Evaporates
ByAlexis Tsipras, Greek prime minister. Photographer: Alain Jocard/AFP/Getty Images
(Bloomberg) — Late-night negotiations between the Greek, French and German government leaders ended without any sign of a breakthrough that will unlock bailout funds and ensure Greece’s future in the euro region.
With time running out for a deal to free up the remaining 7.2 billion-euro ($8 billion) tranche of aid, talks between Prime Minister Alexis Tsipras, President Francois Hollande and Chancellor Angela Merkel broke up shortly before 1 a.m. on Friday in the Latvian capital Riga with the three agreeing only to stay in close contact…