The government may be denying that there was an ultimatum from lenders for a quick and convincing answer on Athens’ part on their agreement proposals, but evidence shows that things are tending to take on a downwards, ever-speeding spiral, which in turn requires delicate and lightning-fast handling by the Greek government in order to avoid an uncontrollable crisis.

Alexis Tsipras’ envoys are visiting Brussels for many a meeting, discussing and seeking a last-minute settlement. Yannis Dragasakis, Nikos Pappas, Eucleid Tsakalotos and Yorgos Houliarakis will probably be meeting with EC President Jean-Claude Juncker and other Institution representatives.

Their plan is to form a given plan of action and agreement framework. It is their aim to conclude all discussions by week’s end, so that the 18^th of June Eurogroup ratifies a new agreement, which will probably include the prolonging of the current agreements for a few months.

On their part, however, Mr. Tsipras’ envoys are hoping to have an agreement on avoiding reduction in wages and pensions, as well as a strong restructuring and growth package.