EU ministers fail to reach Greece rescue deal

November 22, 2012 04:25

A crucial meeting of the euro group broke up in Brussels today without reaching an agreement on releasing a long-awaited 31. 5 billion euros (USD 39.3 billion dollars) emergency assistance for debt-stricken Greece and postponed a decision till next Monday.

President of the euro group Jean-Claude Juncker said the failure of the meeting to wrap up a deal was not because of Greece. The Greek government has delivered what it had promised, he told media persons as he left the conference venue after a marathon 12-hour session.

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