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Athens Macedonian News Agency: News in English, 15-07-01
CONTENTS
[01] Greece in arrears, IMF says
[01] Greece in arrears, IMF says
Gerry Rice, Director of Communications at the International Monetary
Fund (IMF), made the following statement regarding Greece's financial
obligations to the IMF due on June 30:
"I confirm that the SDR 1.2 billion repayment (about EUR 1.5 billion)
due by Greece to the IMF today has not been received. We have informed
our Executive Board that Greece is now in arrears and can only receive
IMF financing once the arrears are cleared.
"I can also confirm that the IMF received a request today from the Greek
authorities for an extension of Greece's repayment obligation that fell
due today, which will go to the IMF's Executive Board in due course."
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