Euro zone may need extra summit to clinch Greek deal

February 20, 2015 9:35 AM

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Euro zone may need extra summit to clinch Greek deal

BRUSSELS/ATHENS (Reuters) - Euro zone finance ministers will try again on Friday to break a deadlock over Greece's urgent need for further financing but it may take an emergency summit of the currency bloc in the coming week to clinch any deal.

With EU paymaster Germany and the new radical leftist-led government in Athens digging their heels in over demands that Greece stick to strict austerity conditions in its international bailout program, the two sides seemed far apart hours before a crucial Eurogroup meeting in Brussels.

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