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Friday, June 19, 2015

Greek crisis standoff: five possible outcomes

It’s close to crunch time for Greece and its creditors. At issue is how to close €2bn gap in government budget after Athens refused to make further spending cutsThe standoff between the EU commission and Greece must be resolved by the end of the month. Either Brussels releases the last €7.2bn (£5.14bn) of bailout cash due to Athens under its existing rescue deal or Greece goes bust. Here are the possible scenarios to how this may play out: Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com