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Mario Draghi
Greece to lobby EU, ECB for swift loan payout

Greece's cash-strapped government said Monday it was seeking the swift release of delayed bailout money to keep up with its debt payments, following weekend progress in negotiations with creditors. The new left-wing government is struggling to deliver economic reforms and budget measures demanded by creditors to unlock the remaining 7.2 billion euros ($7.7 billion) in its bailout fund. Deputy Prime Minister Giannis Dragasakis was to meet in Frankfurt on Tuesday with European Central Bank President Mario Draghi, while Finance Minister Yanis Varoufakis was to meet in Brussels with Economic Affairs Commissioner Pierre Moscovici, officials said. Without the money, Greece faces the...

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