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28-06-2015, 12:10 AM
An honorable member of the Coffee Shop Has Just Posted the Following:

Greek bailout program will expire on Tuesday as talks fall apart

Talks fell apart between the Greek government and its creditors, and European officials said Athens' bailout program will expire on Tuesday.

Euro zone finance ministers met to try and thrash out a reforms-for-rescue deal for Greece after the country's prime minister threw a curveball of a referendum on the deal late Friday night. During Saturday's meeting, the finance ministers rejected Greece's request for a one-month bailout extension.

Greece is due to pay the International Monetary Fund 1.5 billion euros Monday and without a deal this weekend risks missing that payment.

http://www.cnbc.com/id/102791542


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