Greece’s finance minister says his country’s financial situation is “terribly urgent” and the crisis could come to a head in a couple of weeks. Yanis Varoufakis gave the warning after eurozone finance ministers met in Brussels to discuss the final ?7.2bn tranche(援助資金) of Greece’s ?240bn EU/IMF bailout(緊急援助).

Ministers said Greece had made “progress” but more work was needed.

The Greek government is struggling to meet its payment obligations(責任). Earlier, Greece began the transfer of ?750m (£544m, $834m) in debt interest to the International Monetary Fund — a day ahead of a payment deadline.

“The liquidity(資產(chǎn)流動性) issue is a terribly urgent issue. It’s common knowledge, let’s not beat around the bush,” Mr Varoufakis told reporters in Brussels. “From the perspective of timing, we are talking about the next couple of weeks.”

Greece has until the end of June to reach a reform deal with its international creditors. Its finances are running so low that it has had to ask public bodies for help. The crisis has raised the prospect that Greece might default(違約) on its debts and leave the euro.

In a statement, the eurozone finance ministers said they “welcomed the progress that has been achieved so far” in the negotiations,” but added: “We acknowledged that more time and effort are needed to bridge the gaps on the remaining open issues.” Eurogroup chairman Jeroen Dijsselbloem said there had to be a full deal on the bailout(緊急財務(wù)援助) before Greece received any further payments. “There are time constraints(限制;約束) and liquidity constraints and hopefully we will reach an agreement before time runs out and before money runs out.” he said.

There had been fears that Greece would default on its IMF debt repayment due on Tuesday. However, a Greek finance ministry official was quoted as saying that the order for repayment had been executed(實施) on Monday. Almost ?1bn has been handed over to the IMF in interest payments since the start of May.

It is unclear how the government came up with the funds, but the mayor of Greece’s second city Thessaloniki revealed last week that he had handed over cash reserves in response to an appeal for money.

1.What is Yanis Varoufakis?

A. He is Greece’s finance minister.

B. He is an expert in the eurozone.

C. An official of the International Monetary Fund.

D. He is Eurogroup chairman.

2.Which of the following could be the worst result if Greece defaulted on its debts?

A. The International Monetary Fund would cancel the debt of Greece.

B. The EU would help Greece rebuild its financial system.

C. Greece might have to leave the eurozone.

D. The eurozone would accept Greece.

3.Which of the following is the best title of the passage?

A. The EU Get Challenged.

B. The International Monetary Fund Reform.

C. The EU Face Economic Crisis.

D. Greece Two Weeks from Cash Crisis

4.What can we infer from the last two paragraphs?

A. People fear that the International Monetary Fund can’t pay Greece for debt repayment.

B. Greece succeeded in paying interest payments to the IMF.

C. It is unclear how the government came up with the funds.

D. The mayor of Greece’s third city handed over cash reserves in response to an appeal for money.

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A Guide to the University

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The TWU Cafeteria is open 7am to 8pm. It serves snacks, drinks, ice cream bars and meals. You can pay with cash or your ID cards. You can add meal money to your ID cards at the Front Desk. Even if you do not buy your food in the cafeteria, you can use the tables to eat your lunch, to have meetings and to study.

If you are on campus in the evening or late at night, you can buy snacks, fast food, and drinks in the Lower Café located in the bottom level of the Gouglas Centre. This area is often used for entertainment such as concerts, games or TV watching.

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Located on the top floor of Douglas Hall, the Wellness Centre is committed to physical, emotional and social health. A doctor and nurse are available if you have health questions or need immediate medical help or personal advice. The cost of this is included in your medical insurance. Hours are Monday to Friday, 9 am to noon and 1:00 to 4:30 pm.

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All students have access to the Writing Centre on the upper floor of Douglas Hall. Here, qualified volunteers will work with you on written work, grammar, vocabulary, and other academic skills. You can sign up for an appointment on the sign-up sheet outside the door two 30–minute appointments per week maximum. This service is free.

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The TWU Express is a shuttle service. The shuttle transports students between campus and the shopping centre, leaving from the Mattson Centre. Operation hours are between 8 am and 3 pm. Saturdays only. Round trip fare is $1.

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B. To provide students with campus tours

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Johnny was fined $250 by the court and was ordered to pay all the people back. As he left the court house feeling very ashamed, a newspaper man came up to him, “Young man, would you like to tell your story to my newspaper for $2,500?”

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A. he liked listening to the radio

B. he had a big family to support

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A. Because he was lazy.

B. Because he was out of work.

C. Because he cheated the people.

D. Because he didn’t pay for his new suit.

3.What would probably happen at last?

A. Johnny would get $2,500 from the newspaper.

B. The court would give $ 250 back to Johnny.

C. Johnny would continue to advertise in the newspaper.

D. Johnny would become a newspaper reporter.

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A. How did the parents feel when Johnny invited them to the theatre and dinner.

B. What’s Johnny’s secret.

C. What did the policeman want Johnny to do.

D. How much did Johnny have to pay all the people back.

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