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Athens Gets its Last Glimmer of Hope Greece

22/6/2015

Greece has submitted a new bundle of proposals just in time to the institutions in charge of its bailout.

Greece has submitted a new bundle of proposals just in time to the institutions in charge of its bailout, with the hope of securing the cash it desperately needs by next week. There’s another call planned to discuss Greece’s banking sector towards the limit for Emergency Liquidity Assistance as money has been leaving banks so quickly that it will likely need to be hiked again. Should Greece fail to reach a deal with its international creditors to secure the last tranche of funds from its massive bail-out, it risks defaulting and possibly crashing out of the eurozone.

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