Big news out of Europe today on debt crisis in Greece?

From Reuters:

Private creditors said on Sunday they had come to the limits of what losses they could concede, putting the ball in the court of the European Union and the IMF.

Market players are looking to a euro zone finance ministers meeting on Monday where they will decide what terms of a Greek debt restructuring they are ready to accept in order to pave the way for a second bailout package for Athens. . . .