Eurozone finance ministers are pursuing crisis talks on Greece but with Saturday’s discussions proving difficult, the planned Sunday summit of all European Union member states has been cancelled.<br /><br /> The move was announced by The President of the European Council, Donald Tusk.<br /><br /> I have cancelled #EUCO today. #EuroSummit to start at 16h and last until we conclude talks on #Greece— Donald Tusk (@eucopresident) 12 Juillet 2015<br /><br /> The European Commission realises, it seems, that there is no immediate prospect of a political green light to negotiate another bailout from the European Stability Mechanism.<br /><br /> “As you saw, discussions were quite complicated so we hope for more progress today,” European Commission Vice-President Valdis Dombrovskis told reporters as he arrived for the resumed talks in Brussels.<br /><br /> “I think it is relatively unlikely that the European Commission will get a mandate to start formal negotiations as regards a third programme or ‘SM’ programme today.”<br /><br /> Talks so far have sta
