The euro zone holds 60% of Greek debt

The countdown has begun to avoid a default of Greece. This year, the Greek Treasury must make € 9 billion to the IMF, nearly 7 billion to the ECB and 15 billion euros to Greek banks.

Do not oubions that Greek public debt was reduced to € 100 billion in March 2012, when private creditors agreed to a discount of 50 to 75% of their claims. Meanwhile, the country hit 240 billion aid the troika.

So that today the Greek public debt of 321 billion euros amounts to 174% of gross domestic product. Among the largest creditors are the states of the euro area and the European Financial Stability Fund replenished by these States. The Eurozone owns 60% of Greek debt.

A quick solution is to be found because according to the Greek press, the state coffers are almost empty.

"I think that Greece has a limited number of options, said economist Vangelis Agapitos. Because of the pressing need for cash to the Greek banking system and the Greek economy.

At the same time, I think that Germany wants to find a solution and I think it will be a tough negotiation, but common ground will be found if Greece has a balanced budget, repay most of its debt and s engages at the same time to make additional reforms. "

The Athens Stock Exchange was up sharply Tuesday in response to the abandonment by the government Tsipras its calls for the cancellation of debt, leaving the hope of a restructuring agreement with creditors of Greece.

Greek Finance Minister also said that he would spare the private creditors. Consequence: Greek banks were returning to the stock market lost ground in recent weeks.