European Council President Donald Tusk announced that an emergency Euro zone summit over Greece would be held on Monday….reports Asian Lite News

“In light of the outcome of the Eurogroup meeting today (Thursday), I have decided to convene a Euro summit on Monday. It is time to urgently discuss the situation of Greece at the highest political level,” he said, Xinhua reported.

Tusk made the remarks after the Eurogroup meeting in Luxembourg ended without a deal over Greece’ debt issue.

“No agreement is in sight over Greece debt deal,” said Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem after the Euro zone finance ministers’ meeting.

The Eurogroup chief urged the Greek government to seize the “last opportunity”, adding that it is still possible to find an agreement before the end of the month.

Dijsselbloem suggested another Eurogroup meeting might need to be held before Monday’s emergency Euro zone summit.