Meeting today's deadline to pay 460 million Euros to the IMF, Greece is now looking to a new deadline to reach an agreement with its creditors before the 24 April informal Eurozone meeting in Riga.
At the technical level, the EuroWorking Group set yesterday a “six working day” deadline for Greece to present an improved list of economic reforms.
Reuters quoted a “euro zone aid” who said that during yesterday's EWG meeting, "from the Greek side there was a strong statement that liquidity is getting really bad and there was an appeal to release some type of liquidity support before theeuro zonefinance ministers' meeting on April 24."
"The mood was better than last time, but the substance was as murky as ever," another Eurozone official said of Wednesday's talks.
There was a slight improvement in technical cooperation betweenGreeceand the lenders, but little progress on the content of the reforms. "We are still lacking detail on specific measures, especially in terms of their fiscal implication and time is getting very short -- decisions should be made on April 24 which is the next meeting of the Eurogroup in Riga," he said.
http://www.neurope.eu/article/greece-meets-imf-deadline-faces-new-hurdles