Germany Finance Minister
Wolfgang Schaeuble said Monday that Athens has not presented
significant proposals to end the impasse in negotiations with
its creditors and avert the risk of a Greek default. "There is
nothing new," Schaeuble said as he entered a Eurogroup meeting.
"We have't received proposals of substance from Greece. You
can't prepare for a summit with them," he added, referring to an
emergency summit of eurozone leaders later on Monday.
Schaeuble's Spanish counterpart Luis De Guindos said "a meeting
today is not possible".
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