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Greece: 200 million repaid to the IMF, but the real danger arrives on 12 April

Next Tuesday Athens will be called upon to repay a much more substantial installment of 750 million euros – Varoufakis has already said that no agreement will be reached within Monday's Eurogroup – The Tsipras government also speaks of tensions between the EU and the IMF

Greece: 200 million repaid to the IMF, but the real danger arrives on 12 April

Bankruptcy is approaching, but for the moment the Greece resists. Athens has the 200 million euro loan was repaid to the International Monetary Fund due today. This was confirmed by a Greek official to the Reuters agency.

Today's refund, in any case, was not considered risky. The real danger will rather come with the installment from 750 million due on 12st May. The previous day, Monday 11, a key meeting of the Eurogroup was held, but yesterday the Greek Finance Minister, Yanis Varoufakis, anticipated that - despite some progress in the negotiations - no agreement will be reached by the date of the summit. 

In addition, a statement released yesterday evening by the Tsipras government states that EU and IMF follow "different strategies" on Greece: Brussels closes to a debt restructuring, while Washington does not give up on pensions and jobs. A "major contradiction" in the light of which the Greek government "has decided not to legislate on the reforms before an agreement" with the creditors. 

The IMF, however, maintains that it has not pressed for a large-scale debt cut by Greece to the Riga Eurogroup. In a note reported by the Bloomberg agency, the International Monetary Fund highlights that Athens may need more funding if the targets change compared to 2012.

Meanwhile, on the table there are still the 7,2 billion of the last tranche of international aid which should guarantee Greece's accounts until June. To release them, the creditors demand precise commitments from Athens on reforms that will secure the public finances. The Syriza government, for its part, does not intend to betray the "Thessaloniki programme" with which it won the elections, which provides for the rejection of austerity policies, as well as the revival of growth and the launch of measures to counter the humanitarian crisis in which the country is located.

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