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A day after another failure to forge Greek bailout deal, Europe scrambles to pick up pieces

  • An army contingent carry a Greek flag in front of the temple of the Parthenon before a hoisting ceremony at the Acropolis hill in Athens, Greece Thursday, June 18, 2015. Greece and its creditors publicly blamed one another for an impasse in bailout talks, on the eve of a eurozone finance ministers' meeting billed as key to their outcome. (AP Photo/Yorgos Karahalis)

    An army contingent carry a Greek flag in front of the temple of the Parthenon before a hoisting ceremony at the Acropolis hill in Athens, Greece Thursday, June 18, 2015. Greece and its creditors publicly blamed one another for an impasse in bailout talks, on the eve of a eurozone finance ministers' meeting billed as key to their outcome. (AP Photo/Yorgos Karahalis)  (The Associated Press)

  • Greek Finance Minister Yanis Varoufakis speaks during a media conference after a meeting of eurogroup finance ministers at the European Council building in Luxembourg on Thursday, June 18, 2015. Greece faced intense pressure Thursday from its international creditors to break a deadlock in bailout discussions that’s raised the specter of the country’s imminent bankruptcy and even its exit from the euro. (AP Photo/Virginia Mayo)

    Greek Finance Minister Yanis Varoufakis speaks during a media conference after a meeting of eurogroup finance ministers at the European Council building in Luxembourg on Thursday, June 18, 2015. Greece faced intense pressure Thursday from its international creditors to break a deadlock in bailout discussions that’s raised the specter of the country’s imminent bankruptcy and even its exit from the euro. (AP Photo/Virginia Mayo)  (The Associated Press)

  • A stray dog passes by people looking at the newspapers reporting about Greece's bailout hanging at a kiosk in central Athens Monday, June 19, 2015. Europe was scrambling Friday to pick up the pieces after another failed meeting over Greece's bailout that reinforced fears that the country was heading for bankruptcy and euro exit. (AP Photo/Petros Giannakouris)

    A stray dog passes by people looking at the newspapers reporting about Greece's bailout hanging at a kiosk in central Athens Monday, June 19, 2015. Europe was scrambling Friday to pick up the pieces after another failed meeting over Greece's bailout that reinforced fears that the country was heading for bankruptcy and euro exit. (AP Photo/Petros Giannakouris)  (The Associated Press)

Europe was scrambling to pick up the pieces after another failed meeting over Greece's bailout which reinforced fears that the country was heading for bankruptcy and euro exit.

Amid increasing signs that Greeks are taking their money out of banks in ever-increasing amounts, Finnish Finance Minister Alexander Stubb said Friday that "right now it's touch and go" whether a deal can be brokered.

And the European Central Bank planned a teleconference of its governing council to discuss emergency liquidity assistance for Greek banks around midday.

In the wake of Thursday's failure by finance ministers to secure a deal, a summit of the eurozone's 19 leaders has been called for Monday. That appears to be the last best chance to cobble together a compromise that would keep Greece in the euro.