Eurozone finance ministers postponed agreement on Greece 's long-delayed €31.3bn aid payment . Eurozone finance ministers last night postponed agreement on Greece 's long-delayed €31.3bn aid payment for yet another week as divisions between the International Monetary Fund and EU creditors over how fast Athens must reduce its burgeoning debt levels burst into the open . The move came after the Greek government failed to reach an accord with its creditors over a new bailout package that would have kept it in the eurozone. IMF : Greece must reduce its debt levels to 120 per cent of economic output by 2020 . Juncker told a post-meeting press conference the target would be moved to 2022 .
Eurozone finance ministers postponed agreement on Greece 's long-delayed €31.3bn aid payment . The move came after the Greek government failed to reach an accord with its creditors over a new bailout package that would have kept it in the eurozone. IMF : Greece must reduce its debt levels to 120 per cent of economic output by 2020 . Juncker told a post-meeting press conference the target would be moved to 2022 .