Tusk Cancelled Today's EU Summit on Greece
Eurozone finance ministers are pursuing crisis talks on Greece but with Saturday’s discussions proving difficult, the planned Sunday summit of all European Union member states has been cancelled, - Euronews reports.
The move was announced by The President of the European Council, Donald Tusk.
The European Commission realises, it seems, that there is no immediate prospect of a political green light to negotiate another bailout from the European Stability Mechanism.
Talks so far have stalled on a lack of trust between Athens and some of its eurozone partners, who see Greece’s revised reform proposals as too little, too late and doubt they will be put into practice.
The result is that the country’s fate in the eurozone continues to hang in the balance.
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