Euro-Area Finance Ministers Deny Greece Bailout Extension

June 27, 2015 6:32 PM

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European finance chiefs shelved efforts to craft a rescue for Greece, turning their focus to containing the fallout from a looming financial collapse there as Greek savers lined up at local banks and ATMs to pull out as many euros as they could.

Meeting in Brussels Saturday evening after rejecting Greece’s request for an extension to its aid program that ends June 30, euro-region finance ministers said they were “ready to do whatever is necessary to ensure financial stability” of the 19-nation currency region. The European Central Bank, whi...

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