CNBC: Central Bank of Greece has warned that it is possible the country's exit from the euro area ..

On Monday, Greek government spokesperson Sakelaridis said authorities in Athens have reached its limit for proposals, adding again the political coloration that some EU circles wish failure of the ruling party SYRIZA.

Greece counter-offers were not accepted, but not in anyone's interest, not to reach an agreement. Nobody talked about the deadline for negotiations. Now it is shifting to the ability to find a workable solution.

European Commission (EC) reiterated that international creditors have already made significant concessions to Greece and that their most recent demands remain valid and fully justified from an economic point of view.

Alexis Tsipras told US Treasury Secretary, Jack Lew, the purpose of Athens to make a deal. On the other hand, both Athens and its creditors refused to make serious concessions. Blocked the possibility of a breakthrough in negotiations. In a Reuters poll of economists estimated at about 50% probability of Greece defaulting on its debts.

Аs CNBC writes, Greece's central bank has warned that the country could experience an "uncontrollable crisis " and could ultimately leave the euro zone, if talks with lenders – which remain stuck in deadlock – fail.

The Bank of Greece said on Wednesday that a failure to reach an agreement with creditors would "mark the beginning of a painful course that would lead initially to a Greek default and ultimately to the country's exit from the euro area and – most likely – from the European Union.(But EU legislation on these issues is unclear.) " As such, an agreement with its European partners was of "the utmost importance," the bank added, in order to fend off risks to the economy and ensure a sustainable growth outlook for Greece. Speaking to the Greek parliament, Tsipras said the IMF – one of Greece's senior creditors – had "criminal responsibility" for his country's financial crisis.

On Tuesday, the yield on 10-year Greek government bonds jumped 22 points, and in yesterday's trading interest on short-term securities of Athens jumped by over 300 basis points!

At today's auction Greece managed to sell three-month Treasury bills (T-bills) for 1.3 billion. EUR. This tool is the only source for lending to the Greek government at the time, it must be clear that creditors of the country from the EU and IMF set a roof of 15 billion EUR of sales of this type of securities. The ceiling has already been reached, while Athens insists on an increase in the limit.

The uncertainty of the situation remains.