Even as the ECB’s governing council continued its “drip-feed” method of incrementally raising a ceiling for Emergency Liquidity Assistance towards Greece – by 1.1 billion euros on Tuesday for a total of 80 billion euros – media assessments remained negative in the absence of a bailout deal extension.

Accodring to a report by El Mundo on Tuesday, the IMF will abstain for a potential third Greek bailout package.

The Spanish daily cited a lack of “really effective action” and the radical leftist government recent re-hiring of various state sector workers – cleaning ladies and redundant staff at the one-time broadcaster – who were let go amid a strict austerity package since 2011.

Meanwhile, Der Spiegel reported that Athens will soon run out of cash, Die Welt said institutional creditors believe the leftists won’t be able to meet upcoming obligations to them.

Still in the German-sphere, Die Zeit said European partners want Athens to meet obligations from the second bailout program before any future and comprehensive deal is signed.

Finally, FAZ asked whether a recently renewed option (or threat) to hold a referendum would open the way for a solution, with even German FinMin Wolfgang Schaeuble recent calling the SYRIZA government’s ante on the prospect.