U.S. stocks fell, halting two days of gains that brought equities near a record, amid declines in raw - material and railroad shares as
Greek debt talks dragged on.
Not exact matches
The
Greek government is asking its creditors to avoid excuses and proceed with
talks on much - needed
debt relief for the country.
It is a long shot to break the impasse on
Greek debt at the Brussels meeting, but an agreement to continue
talking could be the best outcome.
Talks hit a snag between the new
Greek government and the banks and other private investors that Athens hopes will agree to take losses on their
debt so that Greece can avoid a default.
If you are
talking about high - quality
debt, it isn't going to be
Greek or Russian or Argentinian
debt; it isn't even going to be Italian or French
debt.
An agreement between Greece and the European Union on Athens»
debt problem is possible, Italian Prime Minister Matteo Renzi said after
talks here Tuesday with
Greek counterpart Alexis Tsipras.
The
Greek prime minister was accompanied to Rome by Finance Minister Yanis Varoufakis, who held
talks with Italian counterpart Pier Carlo Padoan, whose office said afterward that spurring economic growth must be a priority in efforts to resolve Greece's
debt crisis.
And he
talked to Sarkozy, and Sarkozy said, wait a minute, French banks are the largest holders of
Greek debt.
George Osborne, who was in Brussels for the
talks, said he welcomed the deal, which aimed to put
Greek debt on a sustainable level.
The crisis
talks over how to prevent the
Greek debt crisis spreading contagion throughout the eurozone were little reported in Britain, but officials in the Treasury and the Bank of England were focused on little else.