Greece and Germany debt talks in Riga

Athens believes a bailout deal is close after Greek Prime Minister Alexis Tsipras met German Chancellor Angela Merkel in Riga, the Latvian capital, during a European summit on Thursday night — but not all parties agree.


Over the last few days, a flurry of Greek government spokespeople have been saying the bailout agreement is final stages will soon be finished, following Greek Finance Minister Yanis Varoufakis’ suggestion that Athens would have a deal within a week.


German Finance Minister Wolfgang Schaeuble poured cold water over those comments on Thursday, telling Reuters that all of the optimism was coming from the Greek side of the talks.


“There is not yet any substance to the mere announcement that we are closer to an agreement. This is still within the realms of atmosphere,” Schaeuble added.


Read More: Greece and Germany debt talks in Riga – Business Insider