Alexa

Eurozone weighs extension to Greek bond repayments

 Portugal's Finance Minister Fernando Teixeira dos Santos talks with journalists as he arrives for an Eurogroup meeting at the EU Council in Brussels,...
 Germany's Finance Minister Wolfgang Schauble arrives for an Eurogroup meeting at the EU Council in Brussels, Monday May 16, 2011. European finance mi...
 International Monetary Fund Deputy Managing Director Nemat Shafik smiles as she arrives for an Eurogroup meeting at the EU Council in Brussels, Monda...
 International Monetary Fund Deputy Managing Director Nemat Shafik, left, talks with Belgium's Finance Minister Didier Reynders at the start of an Eur...
 Luxembourg's Prime Minister and President of the Eurogroup Jean Claude Juncker, left, talks with EU Commissioner for Economic and Monetary Affairs Ol...
 Luxembourg's Prime Minister and President of the Eurogroup Jean Claude Juncker, left, talks with EU Commissioner for Economic and Monetary Affairs Ol...
 International Monetary Fund Deputy Managing Director Nemat Shafik, left, talks with Luxembourg's Prime Minister and President of the Eurogroup Jean C...
 EU Commissioner for Economic and Monetary Affairs Olli Rehn, left, talks with Greece's Finance Minister George Papaconstantinou, right, and Portugal'...
 The President of the European Central Bank Jean Claude Trichet looks at documents at the start of an Eurogroup meeting at the EU Council in Brussels,...

Belgium EU Eurogroup

Portugal's Finance Minister Fernando Teixeira dos Santos talks with journalists as he arrives for an Eurogroup meeting at the EU Council in Brussels,...

Belgium EU Eurogroup

Germany's Finance Minister Wolfgang Schauble arrives for an Eurogroup meeting at the EU Council in Brussels, Monday May 16, 2011. European finance mi...

Belgium EU Eurogroup

International Monetary Fund Deputy Managing Director Nemat Shafik smiles as she arrives for an Eurogroup meeting at the EU Council in Brussels, Monda...

Belgium EU Eurogroup

International Monetary Fund Deputy Managing Director Nemat Shafik, left, talks with Belgium's Finance Minister Didier Reynders at the start of an Eur...

Belgium EU Eurogroup

Luxembourg's Prime Minister and President of the Eurogroup Jean Claude Juncker, left, talks with EU Commissioner for Economic and Monetary Affairs Ol...

Belgium EU Eurogroup

Luxembourg's Prime Minister and President of the Eurogroup Jean Claude Juncker, left, talks with EU Commissioner for Economic and Monetary Affairs Ol...

Belgium EU Eurogroup

International Monetary Fund Deputy Managing Director Nemat Shafik, left, talks with Luxembourg's Prime Minister and President of the Eurogroup Jean C...

Belgium EU Eurogroup

EU Commissioner for Economic and Monetary Affairs Olli Rehn, left, talks with Greece's Finance Minister George Papaconstantinou, right, and Portugal'...

Belgium EU Eurogroup

The President of the European Central Bank Jean Claude Trichet looks at documents at the start of an Eurogroup meeting at the EU Council in Brussels,...

The chairman of the group of 17 eurozone finance ministers says he "wouldn't exclude" that private Greek creditors may be asked to give Greece more time to repay its debts.
Jean-Claude Juncker, who is also the prime minister of Luxembourg, however excluded any forced reduction to the total amount owed to Greece's creditors.
Juncker said Monday that all political parties in Greece needed to endorse further austerity and reform measures as well as further privatization of national assets.