CNN CNN Newsroom Live July 7, 2015 05:36:00
At this point they have to step towards the greeks. they have to give them some of what they want and there's a preponderance of economic thought out there, there has been for years that greece needs more debt relief. the imf said last week that it's essentially unavoidable in the coming years. so i think she might look for ways to do it that aren't really obvious, for example, by extending the maturity of the loans which is something they've done in the past which is a stealth form of debt relief that she can sell to german voters. >> what happens on july 20th if greece doesn't pay the 3.5 bi...