There are reports that Wall Street exit in preparation for the euro area member states
 
The European Union and the International Monetary Fund (IMF) officials on the 5th to complete the review of the reform process in Greece, with praise was rightly ringing rarely leave. Greek Finance Minister Ioannis on the 5th is still warned that Greece will usher in the next few weeks, a critical period to avoid default. Some analysts pointed out, no doubt about the determination of the Greek deficit reduction, but how to perform is still a major problem, coupled with Greece's economic reform has been slow progress in the Greek economy still faced defeat risk. Greece out of the euro concerns are spreading.
 
IMF Greek Affairs Poul Thomson after talks with, on the 5th that the negotiations carried out very smoothly, and progress has been made, will return to Greece in early September to discuss the next steps.
 has been advocating the implementation of a stringent fiscal austerity measures. He said that the Greek government will stop at nothing to reduce the deficit, determined to take a series of measures and reforms to restore the economy and remove the risk of bankruptcy. He said: "crucial for the survival of Greece in the coming weeks, because if we choose the wrong path of an illogical, Greece may withdraw from the euro area and go bankrupt."
 
Greece later this month there will be 3.2 billion euros of debt maturity, while the Greek Deputy Finance Minister Christos Toth · Staercke, Ehud Las Greek treasury funds will be exhausted in a few weeks. Therefore, the next assessment of the "troika" (EU, IM F and the European Central Bank) decided to Greece in September if it will be a new batch of critical capital injection of ? 31.5 billion.
 
Troika has been deficit reduction as Greece to further aid conditions. Greece last week, has reached a preliminary 11.5 billion euros in fiscal austerity measures, is expected to submit final fiscal austerity program later this month to the "troika" will be presented in September or October, after the Greek Parliament passed.
 
Reuters reported that the recent fiscal reforms in Greece may be able to convince the aid money lenders to Greece to get the crucial second batch of aid funds of 130 billion euros and to what would be great, but faced resistance in terms of implementation.
 
Since two years ago to accept assistance, Greece is already committed to reform, continue to lag behind. The outside world does not question the determination of the Greek government deficit reduction, but many people worry that the Greek public sector to implement these measures, as well as the Greek public in a few years of austerity measures continued to crack down on economic growth, and would also like reluctant to accept more tightening .



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