Tuesday, June 30, 2015

Now What? Should We Care?

Greece ‘Will Not’ Pay Debt 

Ollie McAteer, Jun. 30, 2015, Metro.co.uk

Greek finance minister Yanis Varoufakis has confirmed Greece will not pay the International Monetary Fund (IMF) debt due today.

When asked while walking into the finance ministry about whether Greece will pay the 1.6 billion euro (£1.1 billion) due to the IMF, Mr Varoufakis simply said: ‘No.’

His comment came amid speculation that Greek prime minister Alexis Tsipras is trying to craft a last-minute deal with creditors before the payment is due and before the European part of Greece’s bailout comes to an end.

A Greek official said Mr Tsipras has spoken with European Commission President Jean-Claude Juncker, European Central Bank chief Mario Draghi and European Parliament president Martin Schulz.

More: www.metro.co.uk


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