Tusk rejects emergency summit, Athens blames setback on IMF

The head of the European Union is resisting Greece's demand for an emergency leaders' summit on the country's troubled bailout program, arguing that finance officials need to resume talks and agree within days on reforms needed.

Greek Prime Minister Alexis Tsipras spoke Wednesday with European Union Council President Donald Tusk to propose the meeting of leaders from the 19 European countries that use the euro currency. But Tusk sounded skeptical, arguing the finance ministers should make more progress before the leaders intervene.

Greece and its creditors - its European partners and the International Monetary Fund - have been struggling to agree on the reforms and cutbacks the country must agree to as part of its ongoing bailout program. After news of another setback on Tuesday, the Athens stock index was down 3.5 percent in midday trading.

Tsipras' left-led...