The Latest on Greece: Tsipras meeting with IMF ends

The Associated Press
The Associated Press

ATHENS, Greece (AP) — The latest developments involving Greece and its bailout negotiations:

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12:45 p.m./ 1045 GMT/ 6:45 a.m. EDT

Greek Prime Minister Alexis Tsipras has wrapped up the latest round of talks in Brussels with the leaders of the International Monetary Fund and European Central Bank.

Tsipras gave a thumbs-up as he left, but participants and other senior officials have otherwise declined to speak about the state of the negotiations.

Greece and the creditors are in talks on what reforms it should make to get more bailout loans.

Meanwhile, eurozone finance ministers begin arriving for their meeting. They will assess what technical experts have made of reform proposals made by Greece.

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12:30 p.m./ 0930 GMT/ 5:30 a.m. EDT

A Greek banking official says the European Central Bank has approved a request from Athens to increase the amount of emergency liquidity Greek lenders can tap from the country’s central bank.

The ECB approved the request Thursday, as it has done every day since Friday as Greece headed into the final stretch of tough bailout negotiations with no clear solution in sight. The banking official, who spoke on condition of anonymity because the decision was not publicly released, said the ECB would meet again within the next 24 hours if necessary.

Worried Greeks have been withdrawing their money from their country’s banks, fearing the imposition of restrictions on banking transactions. An estimated more than 4 billion euros ($4.5 billion) left Greek banks last week.

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