Euro Group

Statements by President Donald Tusk at the press conference of the Euro Summit

Eurozone FinMins on Monday appeared, at last, pleased with the latest proposals by the radical leftist Greek government, while warning that a detailed study will take days.

Eurogroup head Jeroen Dijsselbloem told Reuters that “we will work very hard in the next few days, the institutions with the Greek government, to get that deal this week.”

Bank of Greece Governor Yannis Stournaras is willing to appear before Parliament?s institutions committee following the panel?s decision to summon him to testify in connection with the Siemens cash-for-contracts scandal but not on Monday, as requested, because emergency talks on Greece will require him to be on standby, sources close to Stournaras indicated over the weekend.

Eurozone leaders will hold an emergency summit on Monday to try to avert a Greek default after bank withdrawals accelerated and government revenue slumped as Athens and its international creditors remain deadlocked over a debt deal.

By Eleni Varvitsiotis

As European finance ministers arrived in Luxembourg on Thursday for a Eurogroup meeting which was not expected to break the impasse in Greece's bailout talks, officials were now examining the possibility of an emergency eurozone summit in Brussels on June 25, on the sidelines of a European Council taking place on the same day.

Efforts to put the “Greek train” back on track in order to avoid an … accident is how European officials described Thursday’s closely watched Eurogroup meeting in Brussels.

June 12

IMF loan repayment of 312 million euros

June 16

IMF loan repayment of 573 million euros

June 18

Eurogroup meeting in Luxembourg

June 19

* IMF loan repayment of 343 million euros due

* Payment of 85 million euros to the ECB for bonds bought by the central bank

Eurogroup chairman Jeroen Dijsselbloem said on Thursday that the differences between Greece and its lenders are "still quite large" and that Athens is expected to present alternatives within days.

Talks that concluded in Brussels hours earlier were "successful in narrowing down the remaining issues", Dijsselbloem said on the sidelines of a conference in Amsterdam.

Greek Prime Minister Alexis Tsipras will likely hold fresh talks with European Commission chief Jean-Claude Juncker and creditors on Friday, European sources said, after an earlier round broke up with no deal.

The Euro Working Group teleconference due to take place on Wednesday has been postponed until Thursday afternoon, a European official has said.