Greece bailout talks break down again

Eurozone finance ministers meeting ends without agreement after fourth diplomatic failure in eight days

Talks on the Greek debt crisis between eurozone finance ministers have ground to a halt after Athens rejected counter-proposals from its creditors.

Eurozone finance ministers came to Brussels for an emergency meeting but failed to bridge their differences with Greece, in the fourth diplomatic failure in eight days. The EU commissioner for economic and financial affairs, Pierre Moscovici, said Greece and its creditors were still at loggerheads over reforms to Greek pensions and VAT rates, which lenders want to be toughened as a quid pro quo for giving Athens further bailout funds.

Related: Greek crisis: Finance ministers meeting ends with no deal - live updates

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