Eurozone calls Monday summit to head off Greek default

Eurozone leaders have been called to an emergency summit on Monday as finance ministers failed to make any progress in resolving the Greek impasse.

The discussion lasted just about an hour, with eurozone president Jerone Dijsselbloem cutting short the Greek finance minister, Yanis Varoufakis during his presentation on what his country needed.

IMF chief Christine Lagarde was equally tetchy at a press conference afterwards. “We are short of the dialogue we need to reach a resolution — we need to restore dialogue with adults in the room,” she said.