- Greece receiving EU 500 bln in aid from the EU and IMF.
- Without EU funds Greece would be back at 1960.
- Greece was able to to implement reforms.
- Greece failed to participate in crisis efforts.
- The issue is to restore confidence.
- Will propose an extension to adjust period that will require more financing.
- Negotiation needs willing interlocutor.
I’m not sure exactly when all this will take place and how it’s going to be received .