The country is facing some €6.9 billion payments in the next few weeks to the European Central Bank, private bondholders and the International Monetary Fund. But the payment has been delayed for a few days because Greece had to implement some pending bailout conditions. Greece is facing some €6.9 billion payments in the next few weeks to the European Central Bank, private bondholders and the International Monetary Fund. The International Monetary Fund agreed to support the deal but only in principle, until the European creditors commit to substantial debt relief. The European Central Bank also said that the measures sketched by Europe don’t offer enough clarity for the institution to include Greece in its bond-buying program.

Source: Wall Street Journal July 07, 2017 14:37 UTC