Monday, May 25, 2015

“Greece can not meet IMF account ‘- NU.nl

So says the Greek Interior Minister Nikos Voutsis Sunday on Greek television.

Greece should be in June in four installments totaling EUR 1.6 billion to pay interest and principal to the IMF. That money is not there and therefore will not be paid, according Voutsis.

The bottom of the Greek Treasury is in sight because the country for months has no emergency funding been received from the eurozone countries and the IMF.



Next month

Without further aid is likely to pay his bills country soon no longer . That moment could occur, according Voutsis so already next month.

The Greek government should the euro countries and convince her will to implement further economic reforms IMF, before new loans are made. Negotiations on expired however many months particularly difficult and a solution still seems to be in sight.



Hopeful

Last week showed the Greek Prime Minister Alexis Tsipras stay again hopeful about the possibilities to reach an agreement soon. German Chancellor Angela Merkel and IMF topvrouw Christine Lagarde, however, indicated that there was to be done much work.

The Greek Finance Minister Yannis Varoufakis said Sunday against the BBC the Greeks’ huge steps’ ‘have put in the negotiations. It is up to the regulators (the European Commission, European Central Bank and the IMF) to contribute, he said. ” We got three-quarters met, now they come to us for a quarter. ”

This month met Greece with the tricks his accounts with the IMF by making use of its own reserves in the fund. Eurogroup President Jeroen Dijsselbloem had recently already know that trick can not be used again

For example, Greece is now for |. What you should know about a ‘Grexit’

File Greece

By: Reuters

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