Greece is meeting its creditors again Wednesday to try to persuade them to hand over the cash it needs to avoid a disastrous debt default. Without a deal this week, the country won’t be able to repay the International Monetary Fund 1.5 billion euros due June 30. If it misses the payment, Greece may have to introduce capital controls to prevent a run on its banks. Leaving the euro — the feared Grexit — would loom large.
- Greek debt problems led European stocks lower
- U.S. stocks fell sharply Friday