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News
IMF Payments
IMF Payments News
Greece Economy
03 Jul 2015
'Yes' camp takes slim lead in Greek bailout referendum poll
Supporters of Greece`s bailout terms have taken a wafer-thin lead over the "No" vote backed by the leftist government, 48 hours before a referendum that may determine the country`s future in the euro zone, a poll showed.
Greece Economy
01 Jul 2015
Greek PM says accepts creditor terms but with conditions: EU sources
Greek Prime Minister Alexis Tsipras has written to creditors saying he is ready to accept bailout terms but has insisted on several further conditions, European sources said Wednesday.
Greece Economy
19 Jun 2015
Euro zone to discuss handling Greek defaut if no new proposals: Sources
Euro zone finance ministers will discuss how to hand a looming Greek default at a meeting on Monday unless Athens submits new proposals in the loans-for-reforms talks, EU officials said.
Greece Economy
19 Jun 2015
ECB boosts emergency funding as Greek banks bleed, Tsipras calm
The European Central Bank expanded emergency funding for Greek banks as savers pulled out 1.2 billion euros in a single day on Friday, bankers said, but Prime Minister Alexis Tsipras insisted the nation`s future in the euro was secure.
Greece Economy
19 Jun 2015
Greece gets temporary lifeline for banks amid uncertainty
Greece got a temporary lifeline for its banks today to help them cope with a deposit drain in the run-up to a summit of the eurozone's 19 leaders that could determine the country's future in the euro.
Greek debt-deal
05 Jun 2015
Greece ducks Friday deadline by bundling IMF payments
"The Greek authorities have informed the (IMF) today that they plan to bundle the country`s four June payments into one, which is now due on June 30," IMF spokesman Gerry Rice said, citing rules allowing debtor countries to regroup "multiple principal payments falling due in a calendar month."
Greece Economy
29 May 2015
Greece mixes messages on expectations for deal
With fears that a payment default could trigger a chain of events that could result in a messy exit from the euro, Greek officials have in recent days signalled they are hopeful a deal could be reached by Sunday, although its creditors are more sceptical.
Greece Economy
20 May 2015
Greece will not make IMF payment on June 5 without a deal: lawmaker
Athens faces several payments totaling about 1.5 bn euros to the IMF next month and it is in talks with the European Union and the International Monetary in order to clinch a cash-for-reforms deal before it runs out of cash.
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