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The developments associated with the negotiations between Greece and its creditors are taking place at a rapid pace.

The countdown has already begun and the creditors have given the Greek government an ultimatum. They want Athens to send Brussels a detailed list of measures that the government intends to take in order to cover the deficit of 450 million euro resulting from the primary surplus of 1%.

Moreover, Bloomberg reports that Greece was told to stop resisting the demands of the creditors and to sign an agreement that will prevent it from bankruptcy.

Creditors to Greece: Immediately send us a list of measures

European sources state for the site iefimerida.gr that the Greek government will have to send the list required by the partners tonight or tomorrow at the latest. The creditors will subsequently consider it to decide whether the measures proposed by Greece can be implemented and deliver the required results to fill the financial gap.

Rumours about an extraordinary meeting of the Eurogroup

If the creditors approve the list that the Greek government is expected to send to Brussels, they will give the green light to the Eurogroup to hold an extraordinary meeting on the Greek issue early next week. Otherwise, the situation will take a turn for the worse, as the time remaining until the scheduled meeting of the finance ministers of the European Union on 18 June will not be enough to bridge the gap between the two sides.

Bloomberg: Partners give Greece an ultimatum

According to two senior officials quoted by Bloomberg, senior representatives of the governments of the euro zone countries met on Thursday evening, the result of their meeting being the ultimatum to Athens, which will expire in less than 24 hours. In it they want Greece to return to the negotiating table with proposals that will take them out of the impasse. According to the agency, now the politicians are considering all scenarios if Greece refuses to compromise, including the worst-case one, namely for it having to leave the euro zone.

Donald Tusk's message that there is no more time

The precise statement of the President of the European Council was, "There is no more time for gambling. The day is coming, I am afraid, that someone says the game is over." The response of the Greek side came on Friday from Minister of Finance Yanis Varoufakis, who wrote on his personal Twitter account that Greece is not playing games.