Exclusive - Greece has three days to deliver or face consequences: EU officials

[dipsydoodle]

Source: Reuters

(Reuters) - Greece has three days to reassure its lenders it can deliver on conditions attached to its international bailout in order to receive the next tranche of aid, four euro zone officials said on Tuesday.

Athens and its creditors unlocking 8.1 billion euros (6.9 billion pounds) of rescue loans resumed talks on Monday on after a two-week break during which the government almost collapsed over redundancies at state broadcaster ERT.

There is a general dissatisfaction with progress in Greece when it comes to reforming its public sector, such as tax and custom collection or health care services, a senior euro zone official involved in negotiations said.

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To pressure Athens to deliver on reforms, its EU/IMF lenders might refuse to pay the full sum in one go and break it up into three monthly payments instead, Greek media reported.

Read more: http://uk.reuters.com/article/2013/07/02/uk-eurozone-greece-idUKBRE96107820130702

[dixiegrrrrl]

1. Again?????

And this time, Cyprus at least will not be able to take any of Greece's debt.
In fact, Cyprus is asking for more money..seems that the bank theft trick hurt its economy....duhhhhhh.

[dipsydoodle]

2. That was what largely screwed Cyprus in the first place -

write down of Greek bonds they held.

The bank theft trick has left them untrustworthy whilst screwing their own business community at the same time - all accounts seem to be under the same umbrella.