An agreement between Greece and its euro zone partners is still possible, EU Economics Commissioner Pierre Moscovici told Britain's BBC radio on Wednesday, adding that the future of the currency bloc was at stake in the talks. Euro zone members have given Greece until the end of the week to come up with fresh proposals in return for loans that will keep the country from crashing out of Europe's currency bloc. "Grexit would be a terrible failure, a collective mistake and we are fighting to avoid it." Moscovici said the bloc was still waiting to see a set of "comprehensive, credible, complete, tangible set of reforms" from Greece, but that he believed the Greek government remained committed to staying in the euro zone.
