Greece Readies for Another Week of Deadlines
Has Greece Run Out of Money, Time on IMF, ECB Debt?
This article is for subscribers only.
Greek Prime Minister Alexis Tsipras’s anti-austerity government heads for another confrontation with an increasingly testy German-led bloc of creditors as warnings of an accidental default loom over his debt-swamped nation.
Greece needs at least a symbolic show of progress at Monday’s meeting of euro-area finance ministers in Brussels to persuade the European Central Bank to keep emergency funds flowing to Greek banks at the current pace. The next hurdle comes just one day later, when Greece has to pay about 750 million euros ($837 million) to the International Monetary Fund.