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30 June is the key date for Greece’s bailout deal and IMF repayment

The Eurogroup meeting on 25 June ended with no agreement on Greece; it looks increasingly likely that the negotiations will go down to the wire, with further talks likely over the weekend. 

30 June is the final deadline for a concrete deal between Greece and the institutions when the current bailout programme ends. It is also the deadline for Greece to pay back EUR 1.5bn to the IMF without entering into arrears. By then, Greece's Prime Minister Tsipras and the euro-area/IMF creditors must have signed a deal, and the Greek parliament must have voted in favour. 

Any agreement could extend the current bailout programme by six to nine months and would keep in play EUR 18bn of undisbursed funds. In the absence of a deal, the chance of capital controls being imposed as early as next week in Greece would rise sharply. 

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