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No deal for Greece, creditors; top-level talks resume Saturday
Greece failed again to clinch a deal with its international creditors on Thursday, setting up a last-ditch effort on Saturday to avert a default next week or start preparing to protect the euro zone from financial market turmoil. Euro zone finance ministers ended their third meeting in a week without agreement after the three creditor institutions put a final cash-for-reform proposal on the table in a showdown with Athens's leftist government. German Chancellor Angela Merkel, whose country is Greece's biggest creditor, said the next meeting of Eurogroup ministers on Saturday would be "of decisive ... (full story)
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