European single currency: If the talks don't succeed, some of Greece eurozone partners warned, the country could be temporarily forced out of the euro, the European single currency that Greece has been a part of since 2002, according to CBC. No country has ever left the joint currency, which launched in 1999, and there is no mechanism in place for one to do so. The meeting was suspended for over four hours while Tusk, German Chancellor Angela Merkel and French President Francois Hollande held talks with Greek Prime Minister Alexis Tsipras. If Tsipras has something to say at the end of tonight , this is where he'll say it @Emily Purser It wasn't entirely clear what a temporary exit would entail, but the threat put intense pressure on Tsipras to swallow politically unpalatable austerity measures, as his people overwhelmingly want to stay in the eurozone. But other leaders in Brussels say Greece needs even more than that, and are demanding tough austerity measures in exchange. The leaders are discussing Greece request for a three-year, €53.5 billion-euro financial package.
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