IN CRISIS
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Greece next week to pay 450 million euros to the IMF
Greece next week to pay 450 million euros IMF , plus another 200 million debt interest, to which 2,400 million euros to be redeemed Treasury Bills maturing this month are added.
The liquidity funds emergency, delivered to Greece in exchange for paying their dues, are essential to maintain banking operations in the country, after the Central Bank of Europe, stopped accepting Greek bonds.
Banking Europe push back against the ropes the government
But in this new installment of emergency assistance, the European Central Bank contributed only 700 million euros, bringing the roof assistance liquidity reached 71,800 million euros, significantly lower than the preceding figure that you need.
This appears as an attempt to force the government of Prime Minister Alexis Tsipras, to fulfill some of the commitments that will force further tightening the belt between the Greek population . However, the commitment of Tsipras and the leftist coalition with the coming to power, was precisely that more commitments to put into play the economic situation already facing criticism that the people would not accept.
The Syriza party must raise salaries to civil servants, restore 300,000 jobs, absorb redundant Administration, and provide health and social care food at least a quarter million people in extreme poverty.
However, with Germany’s Angela Merkel in front, an economic coalition of bankers backed rulers, attempts to dismantle those needs , to lure the Greeks back into the plot of a completely unpayable debt to these heights.
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