Receive Breaking News updates as they occur
By Andreas Rinke and Tom Körkemeier BERLIN/BRUSSELS (Reuters) - The leaders of Germany, France and Greece's international creditor institutions agreed late on Monday to work with "real intensity" in the coming days as they try to clinch a deal in debt negotiations with Athens. Athens and its creditors from the euro zone countries and the International Monetary Fund are racing to hammer out a deal that would prevent the country from defaulting on its debt and potentially leaving the euro zone. German Chancellor Angela Merkel hosted France's Francois Hollande, Mario Draghi of the European Central Bank, European Commission chief Jean-Claude Juncker and IMF Managing Director Christine Lagarde for the late night talks in Berlin.
A passenger ship carrying 458 people, many elderly Chinese tourists, sank in the Yangtze River on Monday night during a storm and only 12 people had been rescued so far, state media said, in what could be one of China's worst disasters for years. Chinese President Xi Jinping has ordered that no efforts be spared in rescue work and Premier Li Keqiang was heading to the scene of the accident in central Hubei province, the official Xinhua news agency said. Xinhua, citing the Yangtze River navigation administration, said those rescued from the Eastern Star included the ship's captain and engineer, who said the vessel sank rapidly after being caught in what it said was a cyclone.