EU Unlikely to Reach Greek Loan Pact Next Week: Official

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A Nov. 12 meeting of finance ministers from the euro region may fail to deliver the broad agreement necessary to unfreeze Greece’s bailout, a European official from the Group of 20 nations said.

The meeting, which Luxembourg Prime Minister Jean-Claude Juncker said last week would seek a conclusion to the talks, may just be a step in the process, according to the official, who spoke on condition of anonymity because the negotiations are not public. The official still expects a decision later this month.