Greek point of no return could come on July 20

THE Greek crisis has an air of the endgame about it. Eurozone finance ministers failed on June 18 to strike agreement on a new bailout. International Monetary Fund (IMF) boss Christine Lagarde and European Central Bank (ECB) board member Benoit Coeure have made discouraging comments.

In the gloom, it may look like the denouement will come at next Monday's hastily arranged emergency summit of e…