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As Greek deadline looms, this is how the next days could play out
EconomyProgrammemight even be able to scrape together enough to pay the IMF if it does not receive further funding
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Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln
EconomyMacroeconomyor postponing other expenses in an effort to cover the external funding needs, mostly related to IMF payments
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Government sceptical about deal with lenders, PM with convincing to do
PoliticsGreek Politicsand tax hikes his government will have to take as the funding that will be released as a result
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The Greeks deserved better than this
Agoranot been willing to “play by the rules” or to make sacrifices in return for further bailout funding
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S&P lowers Greek long-term rating by one notch to CCC-
Economyimports such as fuel. Without Eurosystem funding, Greece payment system would shut down and its banks
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An impossible choice
AgoraAs this article was being written a few days ago, various European governments and international funding institutions were discussing the consequences of the expiration of Greece’s current financial assistance programme. Equally, ministries across the euro area were considering the Tsipras
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After 'No' vote, pulling Greek banks back from brink a priority
Economywith the objectives and tasks of the Eurosystem”. Since Greek banks have not any other funding sources
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Greece sends request for 3-year ESM programme, reform proposals to come
EconomyProgrammefuture funding requirements. On the key issue of debt, the letter notes that “Greece welcomes
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General gov't cash primary surplus to May halves, arrears keep rising
EconomyMacroeconomya large part of non-payroll cost to cover its imminent external funding needs. The absolute figures
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Tsipras runs gauntlet as he seeks approval for proposals from cabinet, lenders
PoliticsGreek Politicsas it covers funding needs for the next three years rather than just a few months. Tsipras will also
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