EU leaders to hold emergency talks on Greece

The European Financial Stability Facility is delaying its €3 billion bond sale “due to market conditions,” spokesman Christof Roche said in a telephone interview today, Bloomberg has reported.

Earlier it was reported that European leaders racing to prevent their week-old debt crisis strategy from unravelling convene emergency talks today to tell Greece there is no alternative to the budget cuts imposed in the bailout plan.

Greek Prime Minister George Papandreou, his hold on ...