Greece, creditors locked in stalemate over loan deal

Greece and its creditors were locked in a stalemate Monday after loan talks collapsed over the weekend, bringing Athens just two weeks away from a catastrophic default on its debt. While the European executive insisted the EU-IMF creditors had made "major concessions", the radical left government in Athens continues to reject what it views as "irrational" austerity demands. "We await the invitation of the (creditors) and will respond at any time to continue the negotiati