Reports leaked out that the IMF will withhold billions of euros in bailout money to Greece unless EU creditors pursue debt relief for the country. Time is running out to avoid a Grexit.
The Greek government is preparing to sell a port and rent out airports—a concession to the EU that comes as voters are souring on Syriza’s negotiating position.
The Greek government this week was barely able to gather enough funds to pay over 2 million pensioners. As the situation gets more desperate, the government finally appears willing to compromise.
Some EU leaders are talking openly about contingency plans for a Greek default. Meanwhile, ordinary Greeks give their government a clear demand: stay in the Eurozone.
EU finance ministers vented their frustration with their Greek counterpart, calling him a “time-waster” and a “gambler.” Meanwhile, Greece is running out of time and money.
Greece’s Mayors are rebelling against Athens’ latest cash-scrounging mandate, and Greek voters may be waking up to the dangers of Syriza’s brinksmanship.
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