Tuesday July 14, 2020

Grexit 10 questions as the crunch looms

There’s no end to the drama as Europe’s leaders meet to talk about bailing out Greece again.

21st June, 2015

The leaders of the eurozone countries are meeting in Brussels in an emergency summit to discuss the failure – so far – of the European authorities and the IMF to agree a deal with Greece on an extension to its bailout programme.

Without such an extension, which would allow the transfer of €7.2 billion to Greece in further loans, Greece will almost certainly default on its existing loans, in particular on a €1.5 billion repayment...

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