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Thursday, April 9, 2015

Greece's €459m debt payment to IMF due on Thursday

Eurozone country is close to running out of cash and the ECB, the EU and the IMF have frozen further aid until they reach an agreement with its left-wing governmentGreece is due to make a €459m (£332m) loan repayment to the International Monetary Fund on Thursday, with anxiety mounting about the heavily indebted country’s ability to service its debts.According to a news report this morning, the IMF lodged a demand for payment at the Bank of Greece on Wednesday, as Greek prime minister Alexis Tsipras arrived in Moscow on a two-day charm offensive.. Continue reading...


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