Europe was scrambling on Friday to pick up the pieces after another failed meeting over Greece's bailout that reinforced fears that the country was heading for bankruptcy and a possible euro exit.

Amid signs that Greeks are taking their money out of banks in growing amounts, the European Central Bank has scheduled a teleconference of its governing council to discuss emergency liquidity assistance for Greek banks - just two days after it increased the amounts it was willing to provide.

Meanwhile, the Kremlin said on Friday that Russia would have to hear a proposal from Greece before taking any actions, after a Russian official was quoted as saying Russia could consider offering financial support to Greece.