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  1. How Greece Could make it Until December With The Existing Bailout

    by , 06-08-2015 at 09:58 AM
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    If Greece wants to avoid defaulting on its debts, a deal has to be found within days. But back-of-the-envelope calculations by Real Time Brussels show that the Athens government and its creditors may have until the winter to seal a third bailout deal for the country.

    Here is how:

    Greece’s decision last week to bundle this month’s payments to the International Monetary Fund means its first major redemption, €1.6 billion, is ...