YEREVAN, May 14. /ARKA/. It’s possible that Greece may leave the euro zone in eight weeks, the Sunday Times newspaper reports.

According to the source, the growing political crisis in Greece may impede the euro zone to implement financial aid plan to this country. And moreover, series of unsuccessful efforts to assemble a new government raised a risk of holding new elections in June.

However, by late June, according to the anti-crisis plan, Greek government should approve cutting state expenses by 11 billion euros. After that Athens should receive another loan tranche from EU and IMF in early July.

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Tags: crisis, EURO, Greece

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Greece sells 1.3 billion euros treasury bills.

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About half of respondents of an on-line survey at www.armbanks.am expect Greece to default in the coming months.

Categories: anticrisis.am @en @en, Economy @en, General news, News, News of the hour | Comments Off on About half of respondents of an on-line survey at www.armbanks.am expect Greece to default any time soon

Tags: armbanks, default, Greece, Survey

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