Eurogroup chief notes a 'major issue of trust' over Greek bailout plan

July 11, 2015 3:11 PM

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The head of the group of eurozone finance ministers meeting in Brussels on Saturday said a "major issue of trust" still needs to be worked out before creditors can back Greece's latest bailout plan.

The group must decide whether Greece's formal proposal is sufficient to secure Athens a third bailout and prevent it from leaving Europe's euro-currency bloc.

Also read: Greek cenbank chief expects return to capital markets in mid-2018

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