Eurozone grapples with Greek debt | Bangkok Post: business

Eurozone governments wrestled on Tuesday with tough options to break an impasse over a new Greek bailout, ahead of a critical summit on the debt crisis.

A giant Euro symbol stands in front of European Central Bank headquarters in Frankfurt, Germany. Eurozone leaders are exploring an array of options to break an impasse over a new Greek bailout at a critical summit on Thursday as pressure mounts on them to solve an epic debt crisis.

After several turbulent days for the euro and European stock markets, the eurozone is scrambling to seal a deal and prevent the crisis from dragging down bigger nations, with Italy and Spain in the firing line.