The "technical" negotiations between the representatives of international institutions and the representatives of Greece resumed today in Brussels, while the country risks collapse. The road remains uphill: the Eurogroup, under German pressure, is asking for more stringent commitments from Athens.
According to banking and government sources cited by the Reuters agency, Greece is ready to withdraw more than half a billion euros from the national bank rescue fund (Hellenic Financial Stability Fund) in an attempt to find money to deal with the credit crisis.
The Greek government must find ways to manage the repayment of 1,5 billion euros to the International Monetary Fund this month and to refinance part of the 3,2 billion euros of maturing short-term bonds.
