The European markets continue to be trading nervously, after it seems Germany has rejected a request for a 6 month extension on Greece's ECB loan to meet its debt requirement.
However Greece has told the EU that they should either accept their extension offer or leave it, this is prompting fears that Greece could possibly default on its debt and leave the EU.
The EU will make its decision by tomorrow whether to extend the current bailout programme which runs out at the end of this month on the 28th of February.
If Greece and the EU fail to reach a deal, there has been speculation that Greece could strike a bailout deal with either USA, China or Russia, the latter being the most controversial option due to the ongoing tensions and sanctions between Russia and Europe.
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