Greek crisis enters critical weekend

merkel
Greek protests

The Greek government has submitted what are likely to be its final proposals for unlocking bailout funds, triggering last-ditch negotiations.

The consensus among European officials appears to be that if a deal is not reached this weekend, Greece will pass the point of no return and begin a process of exiting the euro next week.

As European Council president Donald Tusk put it: "The last-chance procedure has just begun."

Tight timetable

The timetable leaves little margin for error. With negotiati

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