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The discord is renewing turmoil in Greek markets after they were buoyed by optimism on Tuesday that there might be room to move toward an agreement. Greek government bonds fell, after rising yesterday for the first time in five days. Three-year notes yielded 21%, up 150 basis points. The benchmark Athens Stock Exchange Index tumbled as much as 4.2%.

Any accord would require an easing of Germany’s stance in the standoff between Greece and its creditors over conditions attached to its 240 billion-euro ($272 billion) lifeline. An impasse risks leaving Greece without funding as of the end of this month, when its current bailout expires, and may put Europe’s most-indebted state’s euro membership in danger.

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The euro area finance ministers’ meeting in Brussels tonight will include officials of the International Monetary Fund, the European Central Bank and the European Commission.

‘Punitive Terms’

Tsipras told Greek lawmakers in parliament in a speech before a vote of confidence in parliament in the early hours of the morning that he wants an accord “that is in the mutual interest of Greece and its partners, one that will end punitive terms and the destruction of the Greek economy.” He won the vote by 162 to 137.

For his part, Schaeuble damped any expectations of a positive outcome for Greece at the meeting, saying there are no plans to discuss a new accord or give the country more time. He said in Istanbul Tuesday after a meeting of finance chiefs from the Group of 20 that if Greece doesn’t want the final tranche of its current aid program, “it’s over.” Creditors “can’t negotiate about something new,” he said.