The reported willingness of Germany to compromise and settle for only one reform for now probably leads the way to an agreement between Greece and its creditors in the upcoming days.

While June 30th is when the current bailout ends and also the IMF bundled payment is due, a hurdle worth double that amount awaits on July 20th – an ECB payment which is more politically sensitive.

Read the rest of the article Greek Crisis: Happy End in Sight – New “Hard” Deadline is July 20