'Ball is clearly in the Greek court', says Eurogroup chief

Eurozone finance ministers say not enough progress has been made in emergency talks about how to resolve the financial crisis in Greece, and that an agreement is not yet in sight.

Dutch Finance Minister Jeroen Dijsselbloem - who heads the Eurogroup - said proposals by Athens had not been deemed sufficiently credible and serious.

''As of today, it is still possible to find an agreement and extend the current programme before the end of the month, but the ball is clearly in the Greek court,'' he said.