Greece's July ECB Payment Looms Over Bailout Negotiations: ChartBy
Greece faces more than 10 billion euros ($11.4 billion) of debt repayments in June and July which may strain its finances unless Prime Minister Alexis Tsipras can access the second tranche of money from the country’s third bailout package. Greek negotiators are due to resume talks with the European Commission and the International Monetary Fund Monday and still haven’t met the creditors’ demands on pensions, taxation or fiscal targets, according to European officials monitoring the process.
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