Greece Likely to Miss May Deal Deadline

27-May (Bloomberg) — Greece will likely miss a deadline for a deal with creditors by the end of the week as the two sides have made little progress during talks in recent days, four international officials familiar with the matter said.

Greece is nowhere close to an agreement with the European Commission and International Monetary Fund over the terms of a continued bailout for the country, said the people, who asked not to be identified discussing private negotiations. German Chancellor Angela Merkel and French President Francois Hollande last week set a target to reach a deal by the end of May.

[source]