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2nd LD: Eurogroup meeting ends without deal over Greece debt issue, urgent summit to be held Monday

Xinhua, June 19, 2015 Adjust font size:

An urgent Euro Summit will be held Monday as a crucial Eurogroup meeting ended without an agreement over Greece debt issue, Donald Tusk, President of European Council tweeted on Thursday.

"No agreement is in sight over Greece debt deal," Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem told press after Euro zone finance ministers' meeting in Luxembourg Thursday.

Dijsselbloem said all parties should be prepared for all eventualities. "Time is running out for agreement as parliamentary procedures have to be considered."

The Eurogroup chief urged Greek government to seize the "last opportunity", adding that it is still possible to find an agreement before the end of the month.

But he reiterated the international creditors' stands on the bailout conditions that the proposals "has to be credible, sustainable and possible."

Just a few minutes after the Eurogroup meeting, Tusk called on leaders of Euro zone countries to discuss Greece issues emergently on Monday.

"I have decided to convene a Euro Summit Monday. Time to discuss the situation of Greece at highest political level," Tusk said on his official twitter account.

New proposals have been presented to the creditors, Greek finance minister Yanis Varoufakis said in press conference, claiming Greece and its international creditors "are close to a deal." Endit