That's the scale of the amounts that will need to be poured into the black hole that is Greek finances
The EU summit took note of Greece's financing needs and the figures show just how much of a hole they are still in
They need €7bn right off the bat to pay the IMF 1.6bn back payment and another 467m tranche due today & 650m that they took from the IMF SDR.
The ECB are owed 4.1bn July 20th
MNI note that July 15th and July 22th are the deadlines imposed for Greece to pass the measures through their parliament, under the EU's MOU