BRUSSELS – The latest from Greece's financial crisis (all times local):
1:55 p.m.
Finance ministers from the 19-country eurozone were arriving in Brussels for a crucial meeting that could determine whether Greece can retain its place in the euro.
They come knowing that the Greek parliament overwhelmingly passed early Saturday a package of reform and austerity measures that the government of Prime Minister Alexis Tsipras hopes will convince creditors to grant his country a three-year bailout.
The response to the proposals appears to have assuaged some concerns in Europe but it appears Greece will still have to do more.
A source close to the negotiations said international creditors have found the Greek package "under certain conditions ... as a basis for discussion." The official, who spoke on condition of anonymity because of the sensitivity of the talks, says creditors were still looking for stronger commitments and more urgent action on several issues.
---By Raf Casert in Brussels.
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