http://www.telegraph.co.uk/finance/economics/11414969/Greek-debt-standoff-Live.html• Eurogroup meeting convened at 2pm in Brussels
• German finance minister dubs Syriza an "irresponsible" government
• Yanis Varoufakis: "We are asking for a few months of financial stability"
• Prospect of further meeting to agree deal later this week emerges
• Grexit is 'inevitable', former Chancellor Ken Clarke warns
16.50 Coffee time, folks
Apparently Varoufakis has been saying he is determined to negotiate through the night if necessarily. Other finmins say midnight at latest
— Ed Conway (@EdConwaySky) February 16, 2015
16.30 If you had hopes of a quick resolution to events today, throw them out of the window.
Finance ministers are are done with the preamble and are now beginning to get to the meaty stuff. More than two hours after we kicked off.
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Live blog of the Eurogroup meet with Greece, the outcome of which I'm sure will rock the markets regardless of outcome.
(UPDATE) Pretty much collapse out of the gate, both sides refuse to even deal.
