Greece Makes Progress In Loan Talks But Key Issues Remain

ATHENS (Dow Jones)–Talks between Greece and its official creditors on a second bailout have progressed but key issues remain, the country’s finance minister said, adding negotiations will continue Saturday morning.

“After 12 hours of continuing and difficult negotiations, we have resolved a number of issues, but there are still critical issues to be decided,” Evangelos Venizelos told reporters after a day of marathon talks Friday.

Venizelos met with representatives from the European Commission, International Monetary Fund and the European Central Bank–known as the troika–on reforms being demanded in exchange for further assistance …

http://online.wsj.com/article/BT-CO-20120203-715141.html

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