Eurogroup: Talks stall on EFSF loan extensions

Ministers will resume talks on Greek matter later at night

Talks on Greece at the Eurogroup in Luxembourg reached an impasse on the length of extension for the EFSF loans shortly before seven. The Finance Ministers of the Eurozone will resume talks on the issue later at night, according to sources, after the completion of other matters.

The development does not mean there will be no agreement, as all parties involved in the talks expect a deal will be reached.