Eurozone finance chiefs to discuss Greek standoff

Brussels

EUROZONE finance ministers will hold an extraordinary meeting in Brussels next Wednesday to seek a solution to the debt standoff with Greece's new anti-austerity government before its bailout expires at the end of the month, the European Union (EU) said.

The meeting, a day before a full EU summit, will be the first chance for new Greek Finance Minister Yaris Varoufakis to formally set out to sceptical colleagues the anti-austerity government's demands for a reduction in Greece's debt.