Article BTYZ Greek crisis standoff: five possible outcomes

Greek crisis standoff: five possible outcomes

by
Phillip Inman Economics correspondent
from on (#BTYZ)

It's close to crunch time for Greece and its creditors. At issue is how to close a2bn gap in government budget after Athens refused to make further spending cuts

The standoff between the EU commission and Greece must be resolved by the end of the month. Either Brussels releases the last a7.2bn (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:

Membership Event: Guardian Newsroom: Should Greece leave the Euro?

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