Greek eurozone exit edges closer as markets brace for Athens default

As eurozone officials prepare for further talks on Greece, investors are sceptical that Athens can agree reforms that will unlock further bailout funds

Eurozone officials meet for further crunch talks on Greece this week amid warnings that time is running out for the country to avoid defaulting on its debts and being jettisoned from the single-currency bloc.

Deputy finance ministers will convene on Wednesday to pave the way for talks among finance chiefs in the Latvian capital, Riga, at the end of the week, a Greek government official told Reuters.

Related: IMF 'hopeful' of Greek breakthrough as default fears grow - business live