Greece needs a fresh infusion of cash from the IMF by next month to service its debts, but the IMF cannot disburse the funds unless Greece's public finances are deemed to be secure. Without a new EU bailout, they are not secure.
Europe warned of financial chaos over Greek debt crisis | World news | The Guardian
Europe warned of financial chaos over Greek debt crisis | World news | The Guardian
Didn't take them long to spend the last lot. Europe can't print, but we can. Yippee! <Sir Merv>
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