Cash-strapped nation is due to repay €770m on Tuesday, with its finance minister indicating it could avoid a default it was thought to be heading forGreece and the eurozone face a week of fresh nail-biting uncertainty as the single currency area’s finance ministers prepare to report on progress towards an agreement with Alexis Tsipras’s government.On Tuesday, Greece faces having to repay around €770m (£507m) to the International Monetary Fund (IMF). The two events had been widely linked. It was assumed that the cash-strapped Athens government would be unable to meet its obligations to the IMF without a cash-for-reforms deal with its creditors that would release more than €7bn. Continue reading...
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