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nmda receives government is running out of cash but it made a critical seven hundred and fifty million euro payment to the i. m. f. on monday a day earlier than expected move calming fears of the nation going bankrupt after it met with its european pam astor's they're demanding grease passes painful reforms in exchange for a seven point two billion euro bailout to avoid a default and exit from the eurozone germany's finance minister saying on monday that greece should hold the referendum to see if voters can stomach the plans , he so desperately needs , there's no commitment to use it , it is a tool which is available to the government , but the moment it's not something that these on the radar screen as far as we're concerned , slow moving talks have yet to produce much in the way of compromise greece in its debtors are at odds on a range of issues that includes pension cuts using private sector layoffs and figuring out the country's budget over the next few years the country has until the end of june to make a deal but e. u. officials say it's really the end of may that stands as a deadline any compromise will first have to be run past governments in different eurozone countries for the program expires