Eurogroup reaches no agreement on Greek debt crisis

Описание

Finance ministers at a crisis session of the Eurogroup will meet again on Sunday (July 12) after failing to reach an agreement on cash-for-reforms proposals submitted by Athens. Greece says it will accept more austerity in return for a third bailout from its troika of creditors. Although the proposed package initially received a positive reaction in Brussels, the inconclusive meeting suggests things are not as clear-cut as they may at first have seemed.