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Thursday, June 4, 2015

Greece to miss €305m payment: what happens next

What has happened in Greece? Athens has refused to make a €305m repayment due to the International Monetary Fund (IMF) on Friday as part of its bail-out deal. Doesn’t that mean it has defaulted on its debt? Technically no. Athens has invoked a rule ...


READ THE ORIGINAL POST AT www.telegraph.co.uk