June 2015 – Economic Review
The close of June saw Greece peering over the cliff of insolvency as debt payments loomed.
A €1.55 billion payment to the IMF was missed and upcoming payments to the European Central Bank for bailouts in 2010 and 2012 may not be made. Greece was the first developed nation to miss an IMF payment.
In this issue:
- 2015 Greek Debt Repayment Schedule
- Greek Bond Yields Soar
- Greek Bank Domestic Deposits
- Market Returns as of June 30, 2015