Euro zone summit aims to keep Greece in single currency

• European Council President Donald Tusk has cancelled a planned summit of all 28 European Union leaders.
• Euro zone leaders will try their best to keep the nearly bankrupt Greece in the euro zone.
• Many countries supported a German government paper that recommended Greece take a five-year “time-out” from the euro zone unless it accepted and implemented swiftly much tougher conditions, notably by locking state assets to be privatised in an independent trust to pay down debt.