Greece risks deep recession if talks with creditors fail: EBRD

A failure by Greece to reach an agreement with creditors could plunge the country into another "major recession," undermining the improving outlook in Central Europe, the European Bank for Reconstruction and Development (EBRD) said on Thursday. The chances for the Greek government and its main creditors of resolving the impasse remain unclear, the London-based institution said in its latest economic forecast issued a day after official figures showed Greece had slipped back into recess