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EU Commission: final deal on Greek debt unlikely this week

EU Commission says final deal on Greek debt is unlikely for this week despite 2 meetings

Finance Minister Yanis Varoufakis speaks during a Parliament session in Athens, Monday, Feb. 9, 2015. Varoufakis dismissed the 240 billion euro ($270 ...
Finance Minister Yanis Varoufakis speaks during a Parliament session in Athens, Monday, Feb. 9, 2015. Varoufakis dismissed the 240 billion euro ($270 ...
A worker cleans a marble sign that reads in French ''National Bank of Greece'' in Athens, on Monday, Feb. 9, 2015. Investors hammered Greece's markets...

Greece Bailout

Finance Minister Yanis Varoufakis speaks during a Parliament session in Athens, Monday, Feb. 9, 2015. Varoufakis dismissed the 240 billion euro ($270 ...

Greece Bailout

Finance Minister Yanis Varoufakis speaks during a Parliament session in Athens, Monday, Feb. 9, 2015. Varoufakis dismissed the 240 billion euro ($270 ...

Greece Bailout

A worker cleans a marble sign that reads in French ''National Bank of Greece'' in Athens, on Monday, Feb. 9, 2015. Investors hammered Greece's markets...

BRUSSELS (AP) -- The European Union's executive says it is unlikely that a final agreement with Greece over easing its bailout debt load will be reached at meetings this week.

Eurozone finance ministers will hold a special meeting Wednesday and EU leaders will gather for a summit Thursday.

Mina Andreeva, spokeswoman for the EU's executive Commission, said Tuesday that the meetings will be a first opportunity for officials to speak with the newly elected Greek government.

Greece's radical left government wants a lightening in its bailout debt as well as an easing in required budget austerity measures.

Eurozone nations have said Greece should not count on any forgiveness of its debts, although several countries have hinted that changes -- such as to repayment schedule -- might be considered.


Updated : 2021-09-20 17:22 GMT+08:00