Greece says it will meet EU requests by late Wednesday

Greece will meet European Union demands for budget action and reform pledges from its political leaders ahead of a eurozone conference call later on Wednesday, the Greek finance minister said.

“Only a few issues remain,” Finance Minister Evangelos Venizelos told reporters after a meeting with Greece’s head of state, President Carolos Papoulias.

“They will be clarified by the teleconference,” the minister said.

Eurozone ministers late Tuesday called off a full meeting on a rescue needed avert imminent default for Greece, complaining that Athens still had not fulfilled two vital conditions, with time running out for a debt restructuring.

A teleconference will instead be held on Wednesday evening.