Eurozone talks break up with no agreement on Greek debt deal
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EUROZONE finance ministers’ talks broke up without agreeing to a Greek debt deal yesterday, Finland’s Alexander Stubb said, with sources saying they were likely to meet again tomorrow.
“That’s it for today. Institutions and Greece to continue work. Eurogroup back later, but not today,” Stubb tweeted after the talks in Brussels, which had been expected to thrash out a deal for European Union leaders to approve at a summit opening later yesterday.
The finance ministers were likely to meet again tomorrow, three EU sources said.
The 19-country currency union’s finance ministers met on both Wednesday and yesterday in parallel with talks between Greek Prime Minister Alexis Tsipras and the leaders of the European Commission, European Central Bank and International Monetary Fund.
The Tsipras-EU-IMF talks ended earlier yesterday, not only having failed to reach a breakthrough but also producing two rival reform plans which Greece and its international creditors presented separately to the Eurogroup.
Greece’s outspoken Finance Minister Yanis Varoufakis confirmed the talks would continue, saying his counterparts had closely compared the two versions.
“Interestingly several colleagues disagreed and criticized not only our text but also the text of the institutions,” he said.
“We decided that as a Eurogroup that we shall continue our deliberations ... and we’ll continue until we get a solution.”
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