Greece debt talks: Crisis deepens amid deadlock

25-Jun (BBC) — Eurozone finance ministers are meeting in a desperate bid to find a solution to the Greece debt crisis amid deadlock between Athens and its creditors.

Earlier talks between Greece’s Prime Minister, Alexis Tsipras, and the country’s international lenders ended without agreement.

Ahead of the Eurogroup meeting, the German finance minister warned that the gap between the two sides was widening.

Greece must repay a €1.6bn (£1.1bn) IMF loan by next Tuesday or face default.

That could lead to Greece exiting the eurozone, with possible repercussions for the rest of Europe and the world economy.

[source]

PG View: This is not how negotiations are supposed to work. As the sides talk, they are supposed to get closer together and closer to an agreement.