Now Reading
More can kicking planned. Athens is working to bundle its June IMF payments to buy more time

More can kicking planned. Athens is working to bundle its June IMF payments to buy more time

With less than a week left, its decision time for Greece and Europe. Bundling june payments to creditors surely will buy Athens a few more weeks of time, but at this point its best to either “shit or get off the pot.”

Via Zerohedge…

To be sure, Greece does have two options to kick the can yet again: one, of course, is to get a deal done in the coming 5 days although that is virtually impossible; the other is to bundle all June payments into the last one for the month, thus buying three additional weeks of time. This outcome now looks almost certain especially since two days ago the Greek government spokesman Sakellaridis said the Greek government denied planning to bundle the IMF payment, which essentially assures it.

However, even if Greece manages to kick the can for the nth time for the past five years, it has a lot of cans left to kick for the remainder of 2015.

Greek payments 2015_0

 

References:

http://www.zerohedge.com/news/2015-05-30/greece-what-hell-looks

Liked it? Take a second to support The Duran on Patreon!

7
Leave a Reply

avatar
7 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
0 Comment authors
Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
trackback

ccn2785xdnwdc5bwedsj4wsndb

[…]very couple of web-sites that come about to be detailed beneath, from our point of view are undoubtedly effectively worth checking out[…]

trackback

xcmwnv54ec8tnv5cev5jfdcnv5

[…]please check out the web pages we adhere to, like this one, as it represents our picks through the web[…]

trackback

Title

[…]check beneath, are some totally unrelated web-sites to ours, on the other hand, they may be most trustworthy sources that we use[…]

trackback

Title

[…]Here is a great Weblog You may Find Fascinating that we Encourage You[…]

trackback

Title

[…]we prefer to honor lots of other net web-sites on the internet, even when they aren’t linked to us, by linking to them. Beneath are some webpages worth checking out[…]

trackback

Title

[…]always a big fan of linking to bloggers that I like but do not get quite a bit of link love from[…]

trackback

Title

[…]that may be the end of this report. Here you will discover some sites that we think you will enjoy, just click the hyperlinks over[…]

Copyright DRN Media PLC 2019. RSS: http://theduran.com/feed

Scroll To Top