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Get your skates on

Athens must make serious reforms in pensions, taxes, banking in the next fortnight or risk a disorderly default

Published Tue, Apr 7, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    GREECE has two weeks to produce some red meat.

    The default scenario is off the table for the time being after Yanis Varoufakis, the finance minister, confirmed the country would meet a payment to the International Monetary Fund on April 9. But with more payments looming, the fear of bankruptcy will be back by late April if Greece doesn't come up with some substantial reforms.

    Without that, eurozone creditors will refuse to lend more money and Athens will probably suffer a disorderly default.

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