Greek debt talks to resume after review

Greece’s international lenders expect to have finished verifying that Athens has carried out promised reforms by the Greek Orthodox Easter in late April or early May, German finance minister Wolfgang Schaeuble said.

A first review of economic reforms under the bailout plan agreed last August, which Greece wants concluded fast to move on to debt-relief talks, has been held up by disagreement among the lenders over how much more Athens needs to save in public spending, notably on pensions.

The talks will focus on extending the maturities of loans from the eurozone, their grace periods and on some interest rate reductions to cap annual debt servicing costs at a manageable level. There will be no write-off of capital.