Eurozone crisis live: Anger in Greece as debt talks fail

21 Nov

Good morning, and welcome to our rolling coverage of the eurozone crisis.

Greece’s international lenders have failed to agree a deal over its bailout package, leaving the country’s future in doubt again.

After overnight negotiations in Brussels, eurozone finance ministers, the European Central Bank and the International Monetary Fund again admitted that they could not reach agreement on how to bring Greece’s debts down to a sustainable level.

Talks broke up around 3.30am GMT, with weary participants telling reporters that some progress had been made.

Not enough, though. Instead, the eurogroup intends to meet again on November 26th for another go.

News that the eurozone had flunked its Greek test, again, sent the euro sliding (down half a cent to $1.275). It has also sparked disappointment in Greece, after it met its side of the bargain by agreeing tough austerity plans.

I’ll be tracking all the news and reaction to this latest setback in the crisis through the day, along with other key events in the world economy.

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