Eurozone set for vital loan talks

Eurozone finance ministers are preparing for a vital third meeting, in Brussels, to try to solve the crisis over Greece's bail-out.

Greece has put forward a proposal for a six-month extension of its Eurozone loan programme instead of renewing its existing bailout deal, which comes with harsh austerity measures.

But Germany has already rejected this.

The existing bailout deal expires at the end of the month and Greece could run out of money without a new accord.

Prime Minister Alexis Tsipras won elections in late January on a platform of rejecting the austerity measures tied to the bailout.

A Greek government source said on Thursday the Eurogroup had "just two choices: to accept or reject the Greek request. We will now discover who wants to find a solution, and who does not".

Also on Friday, the Greek parliament is set to vote on a series of social reform bills that flout its bailout obligations.

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