Greece and its euro zone partners are still at odds on how to handle Athens' finances after a bailout deal expires this month, with sources offering conflicting versions of the eventual outcome of a Eurogroup finance ministers' meeting on Wednesday. Two official sources told Reuters that, while there was no deal yet, a common statement was being drafted that could leave it open for Greece to extend its current financing. However, a Greek government official insisted that there could be no extension of the deeply unpopular current bailout program. Earlier on Wednesday, a report by CNBC said that a deal between Greece and its EU creditors had been reached. Citing a source, CNBC said a deal between Greece and the EU had been reached "in principle," and added that meetings will continue with the final details of a deal to be known on Monday. Several diplomatic sources told Reuters that the key issue may turn out to be the phrasing of any accord, giving the new Greek government an opportunity to show voters it had ended the formal deal while maintaining a package to prevent financial chaos. One Eurogroup source said a draft statement, which the other 18 ministers round the table hoped would be issued later on Wednesday, would show that Greece committed itself to economic reforms and to honoring its financial obligations. Following initial headlines that a deal had been reached, the euro shot up against the US and has remained volatile in late afternoon trade on Wednesday in New York. US stock futures were also higher on Wednesday night, with Dow futures up better than 100 points, S&P 500 futures up 11, and Nasdaq futures up 35 points. On Wednesday, stocks in the US finished the day little changed.Join the conversation about this story » NOW WATCH: Nationwide's Super Bowl commercial about dead children is about corporate profits ... in a way that we can all appreciate
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