Moody's: Impasse on bailout raises risks for Greece

An impasse between the International Monetary Fund and eurozone member states on Greek bailout talks is "credit negative" for Greece, ratings agency Moody's said.

Greek Finance Minister Euclid Tsakalotos was scheduled to meet European officials in Brussels on Friday in an attempt to break a logjam in the bailout talks, state television reported.

"The impasse between the IMF and the euro area member states that are Greece's main creditors is credit negative for the sovereign because it raises the likelihood of one or more unfavorable outcomes," said Kathrin Muehlbronner, Senior Vice President at Moody's Investors Service.

In a note, dated February 9, the ratings agency said the impasse had a number of risks for Greece such as putting pressure on the government to deliver more measures than originally envisaged.

It added that the risks of early elections was...