Greece and euro zone nations are facing a number of deadlines to stay on track with a possible bailout. It's a mix of moving targets and hard dates, but here’s a look at what's next:
On Wednesday, July 15: The Greek Parliament must pass a number of legislative actions, including an overhaul of the national sales tax and pension systems.
On Wednesday, July 15, or Thursday, July 16: The 19 euro zone finance ministers will hold a conference call to assess Greek actions and recommend whether to move forward with the bailout program.
By Thursday, July 16: A number of euro zone nations must ratify a rescue in their national parliaments, and voting is to start at the end of the week if Greece clears all its hurdles first.
The German Parliament is set to convene on Friday. Others include Finland, the Netherlands, Austria — and possibly Estonia, Slovenia and Portugal. Other countries may opt to hold voluntary votes.
Friday, July 17: Euro zone finance ministers will hold a final conference call to wrap up details of temporary financing and whether to move forward with negotiations.
Monday, July 20: Greece must start working on a proposal that changes the way it hires public employees to avoid political favoritism. Also, Greece has a key payment of 3.5 billion euros due to the European Central Bank. It does not have the money, but euro zone leaders have opened the door to a bridge loan that could help Greece cover this and other costs.
Wednesday, July 22: The Greek Parliament must pass additional legislative measures, including a major overhaul of procedures in its costly and inefficient civil justice system.