Greece : Creditors give Tsipras ultimatum

On paper, the outstanding issues between Greece and its creditors appear to be manageable. However, the two sides continue to disagree on the reform package needed to unblock the country´s bailout funds before the Greek economy defaults in a matter of hours. An intense round of talks between the chiefs of the European Commission, European Central Bank, Eurogroup, European Stability Mechanism and International Monetary Fund and Greek Prime Minister Alexis Tsipras failed to produce a compromise on a definitive list…