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Thursday, August 1, 2013

No support from Latin America for IMF Greece payment

Eleven Latin American countries represented by Brazil did not not back the latest International Monetary Fund bailout payment for Greece, which was authorised by the Fund's board on July 29. Brazil's executive director at the IMF, Paulo Nogueira Batista, said on July 31 that the lending agency's latest report on Greece cited risks that it may not be able to repay its IMF loans if ...

READ THE ORIGINAL POST AT www.greekherald.com