Reuters reports that Greece has been given three days to reassure Europe and the International Monetary Fund it can deliver on conditions attached to its international bailout in order to receive the next tranche of aid.
Europe and the IMF are unhappy with the progress that Greece has made towards reforming its public sector and improving its tax collection.
In the event that Greece misses the deadline or its promises fail to assuage its "bankers", then as sure as eggs are eggs the "solution" that was foisted upon Cyprus (ie a raid on bank accounts) will be foisted upon Greece.
Those with money in Greek bank accounts would be advised to withdraw it now, before the jackals pounce.
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- Barclays £12.8BN Hole
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- UK Economy Grows By 0.6%
- Local Lending Data For 10,000 Postcodes
- RBS Fined £5.6M
- China's 7% Bottom Line
- Chinese Growth Falls To 7.5%
- One In 20 Households Rely On Payday Loans
- The Verdict on Greece
- Careless Talk Costs Dollars
- Greece's Day of The Jackal Looms
- David Drumm Apologises
- Happy Canada Day
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