this is serious. very serious. we are facing a prospect of a grandmother of all gaps today.
Greece debt crisis: EU summit cancelled as talks continue
A summit of all European Union members planned for Sunday has been cancelled as "very difficult" talks over a third bailout deal for Greece continue. Eurozone finance ministers adjourned the talks last night and will resume them shortly. European Council president Donald Tusk said a meeting of Eurogroup leaders would go ahead at 14:00GMT and "last until we conclude talks on Greece". Without a deal, it is feared Greece could crash out of the euro. Marathon talks on Saturday ended without agreement and Eurogroup leader Jeroen Dijsselbloem described negotiations as "very difficult". "We have had an in-depth ... (full story)