It’s reaching the endgame for Greece and its hopes of staying in the euro zone.
On a visit to Berlin on Monday, the country’s finance minister, Yanis Varoufakis, warned that the E.U. leaders had a “historic duty” not to allow Greece’s debt talks to strand, saying that would mark a failure of Europe’s political class.
Greece is trying to unlock €7.2 billion, or $8 billion, from its existing bailout fund, in order to be able to repay €1.6 billion to the International Monetary Fund by the end of the month.
Since 2010 the country has been given €240 billion in loans by its trio of lenders, the IMF, the European Central Bank and the European Union.