Jacob Funk Kirkegaard

By Theophilos Argitis & Marcus Bensasson

Greek Prime Minister Alexis Tsipras turned Tuesday to shoring up support at home for his plan to end a five-month standoff with creditors that has brought his nation to the edge of default.

Sales tax on catering may be the largest difference between Greece and its creditors as they negotiate rescue arrangements this week, according to two European Union officials.

By Birgit Jennen and Rainer Buergin

German Finance Minister Wolfgang Schaeuble raised the possibility that Greece may need a parallel currency alongside the euro if the country?s talks with creditors fail, people familiar with his views said.

By Paul Taylor

Even if it survives the next three months teetering on the brink of bankruptcy, Greece may have blown its best chance of a long-term debt deal by alienating its eurozone partners when it most needed their support.

Reuters business writer Paul Taylor takes a dim view of the Greek leftist government’s first months in power, and especially its dealing with its EZ creditors, saying a lack of credibility on the part of the SYRIZA government means a deal on the debt now appears as impossible.