Greece inches toward debt agreement | WBEZ
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Greece inches toward debt agreement

The Greek prime minister met with the country’s Eurozone creditors in Brussels yesterday and during the night to try and negotiate the terms of a final loan agreement for its international bailout. Greece and the Eurozone lenders and the IMF have been in negotiations for months over what kinds of reforms Greece needs to make in order to secure the final group of loans. Greece is hoping to avert a default although the country has said it might not be able to make its next IMF repayment, 335 million dollars, which is due on Friday. The head of the International Monetary Fund has said she is "confident" Greece will make the key debt payment tomorrow. Stephen Nelson, a professor of political science at Northwestern University who specializes in the politics of debt and Nick Malkoutzis, editor of MacroPolis, join us to talk about the possible solutions to the crisis and its impact on Greece. (Photo: AP/Petros Giannakouris)

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