Key gaps weigh on Eurozone finance ministers meeting
欧元区财长商讨债务问题

The debt renewal negotiations between Greece and its external creditors may not reach a settlement in next week's Eurozone finance ministers meeting. That's judging from the talk between the two sides in Paris and Brussels.

Greek Finance Minister Yanis Varoufakis said Tuesday he expects the euro zone finance ministers to acknowledge the progress towards a cash-for-reform deal.

That's while European Economics Commissioner Pierre Moscovici warns that the eurozone would not even begin negotiations on a long-term rescue until Athens comes up with a complete economic reform program.

Analysts say an interim deal between the two sides may be impossible to reach. That's because key differences over pensions, labour reform and the minimum wage remain unresolved.