The Eurozone finance ministers looking to get their meeting underway 9 May 2016
Despite German opposition to any Greek debt relief there is still a consensus to find a way to re-profile the debt to make future annual servicing costs manageable.
The IMF believes that Greece must get debt relief for its economy to develop and wants the discussions to focus on capping annual debt at around 15% of GDP or less.
Earlier I reported that Greece passed more austerity measures through parliament as it tries to meet its bailout agreement requirements.
Greek PM Tsipras - Swimming in treacherous waters still
