The Latest: Greek Bailout Talks to Resume in the Morning

The latest from Greece's financial crisis (all times local):

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12:10 a.m.

Bailout discussions between the Greek finance minister and his peers in the 19-country eurozone have wrapped up and will resume in the morning.

No press conference is planned after the discussions, which lasted for more than eight hours.

The European Union's 28 leaders are set to descend on Brussels for a summit on Greece that has been pitched at various points over the past week as the country's last chance to convince creditors that it deserves more financial help.

Finnish Finance Minister said in a tweet that the eurogroup had ended and will "be continued tomorrow."

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10:45 p.m.

There were few signs that the Greek bailout discussions between the country's finance minister and his counterparts in the 19-country eurozone are going to wrap up any time soon.

The finance ministers have been meeting since mid-afternoon to assess whether Greece's reform proposals are sufficient to merit another infusion of financial aid for the debt-strapped country.

European diplomats said the meeting could run late, even until the early hours of Sunday.

Later that day, the European Union's 28 leaders are meant to descend on Brussels for a summit on Greece that has been pitched at various points over the past week as the country's last chance to convince creditors that it deserves more financial help.

In Finland, another hard-hit eurozone country, there were reports that the coalition government was balking at further assistance for Greece.

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8:30 p.m.

A European official at the Greek bailout talks says creditors want "more specific and binding commitments" from the Greek government that it will stick to its reform promises.

The official, who spoke on condition of anonymity because he's not authorized to talk publicly, says there's a general feeling in the room that the Greek proposals are "too little, too late" and as such, more proof of the government's commitment to follow through is required.

The official said these commitments don't "necessarily have to be austerity measures."

Greece is struggling to overcome a trust deficit at the eurogroup meeting in Brussels, which has been called to assess the government's proposals. Greece needs to convince creditors of its plan so it can get another financial rescue and avoid an exit from the euro.

--- By John-Thor Dahlburg in Brussels.

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8:00 p.m.

Greek Economy Minister Giorgos Stathakis says lawmakers from the governing Syriza party who disagree with government's bailout policy should resign and give up their seats in parliament.

"That's what I would do," Stathakis told private Mega television.

Sixteen of Syriza's 149 lawmakers — including two cabinet ministers — did not back the government in a vote early Saturday to authorize Prime Minister Alexis Tsipras to negotiate a third bailout.

Another 15 party lawmakers, including two deputy ministers, wrote a letter to the government stating they would not vote for new austerity measures.

Saturday's vote triggered speculation of the creation of a possible national unity government and an early general election.

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7:25 p.m.

The Greek government is denying a report that the German finance ministry has proposed a temporary, five-year euro exit for Greece.

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