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TIME's The Brief TIMEnewsbrief

What Could Happen Next in Greece

The best guess is still July 20th. This is the day when Greece is due to repay the ECB €3.5 billion. It will miss that payment barring some kind of miracle. On that day, it becomes politically impossible for the ECB to continue making emergency short-term loans to Greek banks. More From The Brief: #FullNewsAudioAvailable


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