This Monday 31 May is the first deadline for the Argentine government to pay the USD 2.4 billion it owes to the Paris Club. However, the government is confident that the Paris Club will activate a two-month extension to avoid default. An official communiqué from the Paris Club ratifying the granting of the 60-day grace period for Argentina to restructure its payments is not expected. Thus, the date would be activated automatically, and the official default would only begin to take effect in two months. Some media reported that the European financial body would grant the country the "bridge time" it needs to organise the restructuring of its debt and the payment to the IMF but respecting some conditionalities. The first of these is that Germany and Japan, the two main creditors that accumulate almost a third of the debt, give their approval. Second, Argentina must submit to the IMF's demands, including accepting a visit from the institution in the coming weeks. In general, there is mistrust among European countries about the Argentine government's ability to deliver on its promises, especially given the strong internal tensions in the governing coalition.