The president of the eurozone finance ministers has said there is still some optimism as they meet in Brussels for crucial talks over the Greek bailout.
Greece's request for a loan extension which didn't force the country to stick to strict austerity measures was rejected by Germany in the run up to the meeting.
The current bailout programme expires on the 28th of February and if some agreement cannot be reached with European lenders, fears of Greece leaving the single currency euro may be realized.
Jeroen Dijsselbloem (bron: je-roon di-sel-bloom) is the Dutch finance minister and president of the eurozone
IN: "It's quite…"
OUT: "...will understand."
DUR: 12 secs
ALT
Yanis Varoufakis, the Greek finance minister from the newly elected, leftist government in Athens - says it is now time for Europe to compromise in the negotiations.
IN: "The Greek…"
OUT: "...white smoke."
DUR: 20 secs