Thursday, June 4, 2015

Greece will pay the IMF in late June – TVI24

Athens in June will pay the full repayment to the IMF of 1.6 billion euros, rather than continue to make fractional payments. And already made the request to the IMF, which has accepted, according to the spokesman of the institution, Gerry Rice, quoted by The Guardian.

Greece is trying to “buy” more time to creditors International, at a time that threatens to end the deadline for the payment of EUR 300 million repayment to the International Monetary Fund. It’s already tomorrow.

This practice is rare, but it happens. The last time a country has asked the IMF to make the payment in this way was Zambia, in the 70

Although Cristine Lagarde, director general of the IMF, have recently considered that Greece could not do it does, since it belongs to the developed countries and not to developing countries, such as Zambia, an IMF spokesman William Murray confirmed that Athens can do it.

This Thursday Lagarde has said he is confident that Greece will avoid default and will make the payment to the IMF until Friday night.

The official also considered that international creditors have shown “considerable flexibility” in the proposals presented on Wednesday night at Athens authorities.

 
                                                                                     

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