Red day as markets sink March 20 deadline March 20 is when 14.5 billion Euros ($19 billion) are due to Greek bondholders and Greece can't currently rub two nickels together let alone pay the interest. At least now they are trying to resolve that, and hopefully in time as there are other countries who may not have sold enough bonds at high interest (unsustainable) to cover their debt. If the Greece does get the bailout it will help but they just kicked the can down the road until the next bonds become due. This is why the Euro group of finance ministers is asking for tougher measures.