Greece and lenders talk at cross purposes, head for crisis summit

PoliticsGreek Politics
Photo by EU Council Eurozone
Photo by EU Council Eurozone

A fresh failure by Greece and its lenders to bridge their differences at a Eurogroup in Luxembourg on Thursday means that the onus is now on an emergency euro area leaders’ summit in Brussels on Monday to come up with a solution.

Monday’s meeting was called by European Council president Donald Tusk after eurozone finance ministers were unable to make any headway, and with Greek deposit outflows continuing at pace.

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