Greece's EU future in doubt if talks fail, central bank warns

Greece's leftist government faced a barrage of warnings on Wednesday that it risked being forced out of the euro zone and left without support if it failed to strike a swift aid-for-reforms deal with its creditors.

The Bank of Greece said the country's future in the European Union itself could also be at risk without a deal, underlining the extent to which officials who once refused any suggestion are now openly discussing the prospect.

Despite urgent pleas, there has been little sign of movement since talks between officials from Greece, the European Union, European Central Bank and IMF collapsed on Sunday.

Athens must find a way out of the impasse by the end of this month when it faces a one point 6 billion euro repayment due to the IMF potentially leaving it bankrupt and on the verge of exiting the euro zone.

REUTERS