Hours of talks between eurozone finance ministers on the imploding finances of Greece broke up early Monday morning without the ministers signing off on a vital installment of rescue loans needed to avoid bankruptcy next month.

Hours of talks between eurozone finance ministers on the imploding finances of Greece broke up early Monday morning without the ministers signing off on a vital installment of rescue loans needed to avoid bankruptcy next month.

European stocks and the euro slipped Monday after eurozone finance ministers came up short of a final deal to get Greece its next installment of bailout money that is needed to prevent a default that could cause financial chaos.

European finance ministers have raised their guarantees for the current rescue fund to allow it to lend out a total of euro440 billion ($626 billion), up from about euro250 billion currently.

Europe tried to set up a firewall on Monday between the financial turmoil ravaging Greece and the destinies of Ireland and Portugal, the two other bailed-out eurozone countries, and increased pressure on Athens to pass new austerity measures in exchange for saving it from default.

Europe tried to set up a firewall on Monday between the financial turmoil ravaging Greece and the destinies of Ireland and Portugal, the two other bailed-out eurozone countries, and increased pressure on Athens to pass new austerity measures in exchange for saving it from default.

Europe tried to set up a firewall on Monday between the financial turmoil ravaging Greece and the destinies of Ireland and Portugal, the two other bailed-out eurozone countries, and increased pressure on Athens to pass new austerity measures in exchange for saving it from default.

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