An emergency summit between Greece’s creditors has failed to agree a common position on an ultimatum to Athens over the terms of its bailout, but the German chancellor is pushing for a quick agreement this week between eurozone leaders, the European commission, the European Central Bank and the International Monetary Fund. With Greece running out of money and due to repay €300m (£219m) to the IMF on Friday while owing a further €1.3bn this month, Angela Merkel is anxious that the Greek crisis could hijack her hosting of a G7 summit in Bavaria this weekend. A hastily and secretly arranged mini-summit of the key ... (full story)