Category: PIIGS

Jun 04

Greece Unable To Make €300 Million IMF Payment, Requests “Bundling”

With Greece and creditors unable to come to a compromise on a deal over the past several days, we’ve said repeatedly that despite claims to the contrary by Greek economy minister George Stathakis, Greece will not make Friday’s €300 million payment to the IMF and will instead request to have the payments bundled so as …

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