View full page at forexfactory.com

 

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

From zerohedge.com

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 to buy PM Alexis Tsipras a few extra weeks to negotiate a deal and pass an agreement through parliament. Indeed, we said the following on Sunday: It's quite possible the sense of urgency around the negotiations has now eased because, as we mentioned on Saturday, it looks as though Greece can buy a few ... (full story)

Story Stats

  • Posted:
  • Category: High Impact Breaking News