EU Frustration Mounts as Greeks Try to Bypass Aid Process

Euro-area finance ministers voiced their frustration with Greece after Prime Minister Alexis Tsipras tried to bypass their veto on financial aid with an appeal to Angela Merkel.

With Greece running out of money and stalling over commitments to reform, euro-zone finance chiefs meeting in Riga, Latvia, Friday said the country’s authorities still haven’t shown sufficient progress on plans to revamp the economy to justify a loan payout.