12 Feb 2015 - total stalemate in EU-Greece negotiations - conclusion will be communicated on Monday Feb 16

Eurozone finance ministers failed to reach an agreement with Greece over the country's debt problems despite seven hours of talks, but both sides played down the set back and prepared for a fresh MEETING next week.

Hopes for an agreement at the meeting in Brussels had been slim, but some analysts took the complete stalement between leftist, anti-austerity government Syriza and its international creditors as a sign that negotiations could be more protracted than thought.

Greek STOCK PRICES fell when it emerged that Greece's new Finance Minister Yanis Varoufakis had walked away from a draft deal to extend current credit terms after conferring with fellow Greek officials.

"Now we are proceeding to the next meeting on Monday. We hope that by the end of that one, there is going to be a conclusion in a manner that is optimal both for the perspective of Greece and our European PARTNERS," Varoufakis said.

Spelling out how Greek voters had rejected the "toxic" austerity dictated by international lenders that rescued Greece after the global FINANCIAL crisis, he said he hoped for a "healing deal" on Monday and stressed that, while much remained undone, "not finding a solution is not in our rationale".

http://www.standard.co.uk/business/business-news/talks-between-greece-and-the-eurozone-end-in-stalemate-but-greece-rules-out-grexit-10041095.html

For sale! Domain name drachma.gr in Greek script:

http://www.xn--jxafi7ax1b.gr/

Above domain = drachma.gr in Greek script is for sale - mail internetavenue@outlook.com