It’s close to crunch time for Greece and its creditors. At issue is how to close the 2 billion euro gap in the 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 7.2 billion euros of bailout cash due to Athens under its existing rescue deal or Greece goes bust. There are several ways this crisis could go.
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