Greece's Drama Set To Continue Through The Weekend

This weekend, EU Finance ministers are set to meet in Riga, where they will discuss the state of the ongoing negotiations over Greece's bailout funds. However, Athens' strained relationship with many of its creditors and a general feeling of mistrust between the two sides is likely to hinder forward progress.

Greece has been quickly running out of funding over the past three months as negotiations for its next injection of cash have hit a wall. The nation's creditors say that Greek officials have not provided the necessary data to give them an accurate portrayal of the nation's financial condition and claim that Prime Minister Alexis Tsipras' reform proposals are insufficient and don't demonstrate a real commitment to change.

Tsipras, who was elected into office based on his promises to end Greece's austerity programs, has been at odds with his EU creditors over how to shore up his nation's balance sheet. German officials have become increasingly skeptical about sending more cash as they consider Tsipras' reversal of several previously agreed to bailout conditions a violation of Athens' bailout contract.

Although there has been some rhetoric about allowing Greece to leave the eurozone, most don't expect that to be the final outcome. On Tuesday, the head of the Eurogroup Jeroen Dijesselbloem

that a Grexit is not an option, and that it would be in everyone's best interest to keep Greece inside the eurozone. This weekend, Dijesselbloem said he is hoping the region's finance ministers will make some progress toward a deal in order to get the funds to Greece before its loan repayments bankrupt the government.