Negotiations are entering their most difficult phase yet, with teams sent by European lenders poring through every single account of the state.

For the first time the Brussels Group talks happen with mentions of realistic numbers. Needs are recorded and there is an attempt to test if the Varoufakis measures are sufficient to rescue the state budget. Greek sources close to the negotiation state that the clime is positive. However, European sources state that progress took its time. The next 24 hours in Brussels is considered to be one of the most crucial, since the country entered the Memoranda. If there is a will and progress towards a deal, the talks in the Brussels Group will continue until Sunday or even after that, otherwise the negotiations team will return to Athens to organize its final push until the 11^th of May when the next Eurogroup is taking place.

The Greek government considers the ECB meeting on 6^th of May a crucial date and are fighting for a positive statement in order to receive a substantial breath of fresh air for liquidity.