Many deadlines have already come and gone, but today looks like it could be the decisive day in the bid to keep Greece in the euro zone – at least for now.
With the current bailouts scheduled to run out on June 30, the day Greece also faces a huge debt repayment of €1.6 billion, a deal is urgent. The pressure is on euro-zone finance ministers and E.U. leaders gathered in Brussels today to find a solution.
Ahead of the summit, Greek Prime Minister Alexis Tsipras is to meet European Commission President Jean-Claude Juncker and European Council President Donald Tusk before talks with the European Commission, the European Central Bank and the International Monetary Fund.