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Without the next tranche of loans Greece will be unable to pay its bills in October.
To pay its bills, Greece needs the tranche of loans due next month.
Without it, next month's tranche of loans will not be paid and Greece will default.
Greece will get its next tranche of loans in November, even though it is bust and will miss its deficit-reduction targets.
BUCHAREST — International lenders agreed on Monday to release the next tranche of loans due under Romania's international bailout program, easing concerns about the recession-hit country's finances.
She leads a coalition opposed to another bailout for Greece, which has already received nearly $200 billion in loans from Europe and the International Monetary Fund and must meet stringent deficit targets to qualify for the next tranche of loans.
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At stake, the next tranche of aid loans for Greece, worth over €8bn.
The mission had been sent to determine whether Greece would meet the conditions for the next tranche of emergency loans, expected this month.
The mission had been sent to determine whether Greece would meet the conditions for the next tranche of emergency loans, due in September.
He added, "If Greece doesn't deliver on its promises and the I.M.F decides not to extend the second tranche of its loans, the Netherlands will follow the I.M.F".
Others are at an earlier stage, including the sale of a £900m tranche of student loans, announced by the business secretary, Vince Cable, in March.
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