Europe News

Eurogroup meeting ends with no deal on Greece

The Eurogroup meeting ended Wednesday without any agreement on Greece, with officials slated to reconvene on Thursday, according to Finland's finance minister.

International creditors on Wednesday rejected the Greek government's plan to end its financial crisis, but they have submitted counterproposals (which were then criticized by Athens). Greece needs additional financial aid to prevent it from defaulting on its 1.6 billion euro debt at the end of the month, but its lenders have refused to release funds without the implementation of more reforms.

European officials had set a Thursday deadline so Greece's parliament had time to pass any required reforms before the repayment is due.

—CNBC's Catherine Boyle contributed to this report.