Editor in Chief: Moh. Reza Huwaida Thursday, May 2nd, 2024

EU Summit Kicks off as Leaders Split over Greek Debt Issue

EU Summit Kicks off as Leaders  Split over Greek Debt Issue

BRUSSELS - The leaders of 19 eurozone member countries are gathering on Sunday to discuss Greece's bailout program as the ongoing finance ministers' meeting has come into a deadlock due to lacking of trust.

The crucial Euro summit along with Eurogroup meeting this weekend was widely seen as "the last try" for Greece to avert bankruptcy and exit from the European common currency zone.

Greek Prime Minister Alexis Tsipras upon arrival for the summit told reporters outside the European Council building that he was there "for an honest compromise."

"I'm here for an honest compromise," he said, stressing "we can reach an agreement tonight if all parties want it."

German Chancellor Angela Merkel told reporters that it is unlikely a deal will be yielded from the crucial summit. "No agreement at any cost," she said, adding that "We have not received a unanimous notification from Eurogroup."(Xinhua)