Greece has formally defaulted on a $1.7 billion payment to the International Monetary Fund on Wednesday. Meanwhile, Eurozone finance ministers have also rejected a Greek government call to extend its bailout. How did the Greek crisis intensify to such a big level?
In this video, we give you a lowdown on what's happening and what's in store.
Video by: Pooja KC
Produced by: Pooja KC
Motion Graphics: Parvaz Lone
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