Greece last-chance talks end with no deal

The crunch negotiations failed in their second day, heaping worry that the cash-starved Greek government was heading irreversibly into a financial abyss. "While some progress was made the talks did not succeed as there remains a significant gap between the plans of the Greek authorities and the joint requirements of the (European) Commission, ECB and IMF," a EU spokesperson said. All sides had agreed that the talks were the last chance for Athens to unlock vital bailout cash in return