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Saturday, June 22, 2013

IMF Moves to Suspend Aid Payments to Greece

The International Monetary Fund is preparing to suspend aid payments to Greece by the end of next month unless eurozone leaders plug a EUR3 billion-EUR4 billion shortfall that has opened up in Greece's EUR172 billion rescue program, according to officials involved in management of the bailout.The gap emerged after eurozone central banks refused to roll over Greek bonds they hold, and comes ...

READ THE ORIGINAL POST AT www.greekherald.com