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Greece to delay 300 million euro debt repayment to IMF

Greece has told the International Monetary Fund it will delay tomorrow's 300 million euro debt repay...
TodayFM
TodayFM

9:12 PM - 4 Jun 2015



Greece to delay 300 million eu...

News

Greece to delay 300 million euro debt repayment to IMF

TodayFM
TodayFM

9:12 PM - 4 Jun 2015



Greece has told the International Monetary Fund it will delay tomorrow's 300 million euro debt repayment and instead bundle all four of its June payments together.

The Greek Government will now have until the 30th of June to pay 1.5 billion euro to the IMF, which is also the day its bailout deal runs out.

The last country to bundle together payments to the IMF was Zambia in the mid-1980's.



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