A plan to restructure Greek sovereign debt could see banks gain equal footing with the European Financial Stability Facility and sovereign creditors, although the measure is still being debated.
Reuters reported that that is the key issue being discussed in meetings around a debt swap. Though no decision was reached on Tuesday, talks are expected to continue in Paris on Thursday or Friday.
Charles Dallara, head of the Institute of International Finance, said in the report, “We’ve made progress, but there are a number of remaining unresolved issues that will require much further effort by all parties if we’re to find common ground.”