Are European banks about to collapse? We're four days away from finding out.
Greece has a loan payment due to the International Monetary Fund (IMF) on June 30, and it doesn't have the money. The European Central Bank is willing to loan Greece the billions of euros it needs - but only if Greece agrees to reduce spending, rather than raising taxes again.
Greek Prime Minister Alexis Tsipras and the far-left Syriza party is refusing to go along with those conditions.
Stay tuned.
Onward and upward,
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