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