Similar Stories to Asia Stocks Slip, Euro Down As Greek Debt Talks Falter on Bing News

HONG KONG (AP) — Asian stocks slipped and the euro sank Monday as Greece inched closer to a possible default after weekend talks with international creditors over freeing up the rest of its bailout funds went nowhere. Weekend negotiations on Greece's bailout terms produced no breakthroughs and Greek officials and creditors remained far apart as a deadline for a debt payment nears. Greek leaders want to get access to the final 7.2 billion euros ($8.2 billion) of the 240 billion euro bailout that's needed to repay debts and avoid a possible default that could trigger an exit from the euro; the bailout package expires at the end of the month. [...] investors are growing nervous at signs of scant progress in talks with creditors, including fellow eurozone states, the European Central Bank and the International Monetary Fund, on new economic reforms required before the money is doled out.

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