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Eurogroup: No Decision on Greece, Tsipras and Institutions to Meet Again

eurogroup1Another euro area summit failed to seal a deal for Greece. Finance Ministers are gathered in Brussels for the third time in a week, although they have no formal paper to discuss as Greece and creditors have reportedly rejected each other’s proposals.
“Unfortunately we have not reached an agreement yet,” Jeroen Dijsselbloem, the head of the Eurogroup of finance ministers, said after that meeting broke up. “But we are determined to continue work.”
The Eurozone Finance Ministers are due to reconvene at 1 pm on Thursday.
Greek Prime Minister Alexis Tsipras is set to meet with European Commission President Jean-Claude Juncker, European Central Bank (ECB) President Mario Draghi, International Monetary Fund (IMF) Managing Director Christine Lagarde and Eurogroup President Jeroen Dijsselbloem.
Meanwhile, rumors suggest another emergency euro summit might be needed on Friday.

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