Due dates for Greece’s debt payments

By Prieur du Plessis, on November 3rd, 2011 posted in: DEbt, Greece

How long does Greece have to pass the referendum, get the money, and pay off its debts? This chart below should provide the answer. It comes courtesy of Erwan Mahe of OTCexGroup (via Business Insider) and shows when Greece’s big debt payments are due. It is clear that the bail-out monies need to be in by the middle of December. I would therefore not be surprised to see the referendum taking place a week or two before that.

Source: Business Insider, November 2, 2011.

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February 24, 2012 at 3:52 am

Thank you for your nice sharing. Great job, keep it up.
The bailout money will not go to Greece but straight into the lender banks that Greece already owes money to.
Greece should be allowed to leave the Euro and default, before the high-debt European countries demand billions more cash.