With time running out before Greece’s euro-area-backed bailout expires, the cash-strapped government in Athens is still at loggerheads with its creditors. 

They are haggling over conditions for the disbursement of emergency loans Greece needs to stave off default.

Here are the key hurdles Greece faces in the coming weeks:

June 30: Greece’s euro-area-backed bailout extension expires

  • Total payments of more than 1.5 billion euros to the IMF come due, after decision to bundle tranches due earlier in June

July: About 1 billion euros in interest payments due

  • Bulk of amortization and interest payments due on July 18-20 on bonds held by the ECB

July 1: Governing Council of the ECB non-monetary policy meeting in Frankfurt

July 5: Greek referendum, hastily called by Prime Minister Alexis Tsipras, will ask voters if they accept proposals put forward by international creditors

July 8: Greece to sell 26-week bills

July 10: Greece needs to refinance 2 billion euros in T-bills

July 13: IMF loans repayment totaling about 450 million euros due. Eurogroup meeting

July 14: Greece needs to repay 11.67 billion Japanese yen (about $93 million) in yen loans

July 16: Governing Council monetary policy meeting of the ECB in Frankfurt

July 17: Greece needs to pay about 71 million euros in interest on the 3-yr bond it sold in 2014

  • Greece needs to refinance 1 billion euros in T-bills

July 20: Greece needs to repay about 3.5 billion euros in bond redemptions; bonds held by the ECB

July 31: Moody’s due to review Greece’s sovereign debt

August: 600 million euros in interest payments

  • Includes an 80 million euro payment to the European Financial Stability Facility

August 1: Interest on IMF loans totaling about 175 million euros; payment due by August 5

August 5: Governing Council of the ECB non-monetary policy meeting in Frankfurt. Greece to sell 26-week bills

August 7: Greece needs to refinance 1 billion euros in T-bills

August 14: Greece needs to refinance 1.4 billion euros in T-bills

August 20: Greece needs to repay about 3.2 billion euros in bond redemptions; bonds held by the ECB

NOTE: Sums cited on payments due to the IMF are only approximate, as they depend on the exchange rate between the Fund’s Special Drawing Rights and the euro; list of debt repayments is indicative as some small bond redemptions are not included.

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