Monday February 24, 2020

Greece defers IMF payment as Merkel says resolution far away

5th June, 2015
6

Greece became the first country to defer a payment to the International Monetary Fund since the 1980s as its game of brinkmanship with creditors goes down to the wire.

With Prime Minister Alexis Tsipras getting ready to address parliament on Friday after receiving a list of creditors’ demands, the step underscores the state of the country’s shrivelling finances.

While international officials have reported some progress in recent days, German Chancellor Angela Merkel...

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