Eurozone leaders agree on draft accord that could extend Greek bailout

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Sharecast News | 20 Feb, 2015

Updated : 18:10

Eurozone ministers gathered in Brussels have agreed a draft accord with Athens that could extend the Greek bailout, according to a Greek government official.

Officials stressed that no formal agreement has been reached, but that the common text could form the basis for the extension agreement.

Meanwhile, Greek news portal newsit.gr reported that Germany was not seeking conclusive policy from the euro group and would even resort to sabotaging negotiation to push through an emergency summit next week.

“Germany’s aim is for tonight’s euro group to fail so that we are lead to a summit meeting in which Tsipras sits opposite Merkel and each one shows their cards at whatever cost,” the news site said.

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