Key April dates for the Greek economy

In the spirit of Easter the Greek economy enters its own Crucifixion… but will a Resurrection follow?

Negotiations are continuing with Greece’s European creditors for another three weeks. The Greek side is being called to present reforms with detailed explanation as to cost and implementation so that a 7.2-bln-euro tranche can be released for Greece and the country’s economy to be able to “breathe”. The Radical Left Coalition (SYRIZA) government maintains that the country’s needs can be served for the moment. Here are the key dates for Greece.

April 8 – Greek Prime Minister Alexis Tsipras visits Russian President Vladimir Putin

April 9 – Greece returns 448 mln euros to the International Monetary Fund

April 10-13 – Easter weekend

April 14 – An estimated 1.7 bln euros in social security payments for public sector wages and pensions

April 14 – The Greek government faces 1.4 bln euros in refunding 6-month Treasury bills

April 15 – The European Central Bank (ECB) Governing Council meets

April 17 – The Greek government faces 1 bln euros in refunding 3-month Treasury bills

April 20 – It’s time to pay 80-mln euros worth of interest on bonds held by the ECB!

April 24 – A Eurogroup meeting in Riga

May 1 – The Labor Day holiday coincides with the paying back of a 200-mln euro loan repayment to the IMF