Daily News: February 24, 2014

Reuters: Greece Resumes Bailout Talks with Lenders

Reuters reported Greece resumed bailout talks with its international lenders, hoping to end six months of wrangling over the release of new rescue loans it needs to avoid default.

According to Reuters , at stake is the disbursement of funds to repay 9.3 billion of bonds maturing in May, the biggest single debt redemption Greece faces in the next three decades, according to Thomson Reuters Eikon data.

Reuters said further lenders say the government is dragging its feet over reforms, such as softening employment protection and introducing more competition.

To read the entire Reuters article, click here.