By Economic & Finance Report

Greece is still in negotiations with creditors about the debt it has encountered. Finance Minister, Yanis Varoufakis has indicated that the country is close in securing deals with many of its creditors and resuming relations with its creditors. 

Greece still may be facing bankruptcy because of the risk of defaulting on their international creditors. In June, Greece finance treasury has to start repaying  back  the IMF (International Monetary Fund) and the ECB (European Central Bank). As currently Greece will have to choose in either paying back the IMF & ECB or paying off their own citizens pensions and wages.  -SB