At a meeting Monday, leaders of the 19 nations that use the euro currency said the offer by the government of Prime Minister Alexis Tsipras might form a basis to break a four-month deadlock. Investors think that a deal will be signed then, in time for Greece to get the money it needs to make an upcoming payment to the International Monetary Fund. ANALYST'S TAKE: "Given all of the positive and optimistic comments coming from most officials on the creditors side, it looks very unlikely now that a deal will not be agreed by Wednesday evening that could then be signed off at Thursday's summit," said Craig Erlam, senior market analyst at OANDA. The restaurant holding company announced stronger-than-expected quarterly results and also said it planned on spinning off its significant real estate assets into a separate company.
Greek Deal Optimism Gives Stocks Another Nudge Ahead
By KEN SWEET, AP Business Writer, Seattle Post-Intelligencer: Business
Tue, 06/23/2015 - 8:00am
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