By Renee Maltezou and Jan Strupczewski BRUSSELS (Reuters) – The new leftist government of Greece and its international lenders failed to agree on a way forward in the negotiations on the unpopular bailout the country and try again Monday, as the time to achieve a financial covenant is exhausted. In the seven hours of talks in Brussels ended after midnight, finance ministers Eurozone failed to agree on a joint statement on the next steps. Both sides downplayed the setback, insisting that there was a break. Prices of Greek stocks, which rose after the market closes in New York on speculation about a deal, backed by the disappointment came when the new Greek Finance Minister, Yanis Varoufakis not accepted a draft agreement to extend the current bailout terms after discussion with other Greek officials. “We had an intense, constructive discussion, which covered much ground, we also made progress, but not enough yet to reach a joint conclusion,” said Jeroen Dijsselbloem midnight, president of the Eurogroup finance ministers in a conference press. “We do not discuss really detailed proposals, do not enter negotiations on the content of the program or a program, simply try to work on the next steps in the following days. We could not do that, “he said. Greece will have new contacts with Experts from the European Commission, International Monetary Fund and the European Central Bank before Monday, he said. That was the opposite to understand other EU ministers when they left the meeting an hour before. With a calm and safe like when he took his first negotiations appearance, Varoufakis said: “Now we continue with the Monday’s meeting. We hope for an end, there is a conclusion that is optimal for both the perspective of Greece and as for our European partners. “ Diplomats said that efforts to agree on a joint statement, which went through several drafts in its wording can be as important as substance, were aborted after Varoufakis consulted colleagues in government. Continued …
Wednesday, February 11, 2015
SUMMARY euro-zone and Greece do not reach agreement on Crisis … – Reuters
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