The brinkmanship between Greece and its creditors accelerated further again last week when the IMF removed itself from part of the ongoing talks over Greece's desperately needed €7.2 billion bailout tranche.
The final deadline for agreement is looming dangerously close, and observers say that if no end to the impasse is possible at this week’s eurogroup meeting of finance ministers, then an exit from the eurozone by Greece is highly possible.
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Hugo Dixon, expert in European Affairs and columnist with the International New York Times and Reuters, among others, says a Grexit could happen inadvertently if both sides aren’t careful.
He spoke to Shona Murray this morning: