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BEIJING (AP) — U.S. Treasury Secretary Jacob Lew pressed Chinese leaders to suspend proposed curbs on foreign security technology and said a Beijing-led regional bank should work in partnership with existing institutions.
Greek Prime Minister Alexis Tsipras said he wanted an "honest compromise" as the cash-strapped country wrangled with eurozone creditors over a new package of reforms needed to unlock vital bailout funds. Experts from the IMF and the EU are scrutinising a list of reforms that Athens has proposed in its bid to get the creditors to release 7.2-billion euros ($7.8-billion) in loans. Greece's government says the reforms would help raise an extra three billion euros for its coffers without resorting to wage and pension cuts. "We're not there yet," European Commission spokesman Margaritis Schinas told reporters.