Wednesday, July 1, 2015

IMF confirms Greece did not make repayment. (The first developed nation to miss a payment)

The International Monetary Fund has confirmed that Greece did not make a €1.5bn repayment due today.

The fund said it received a request from Greece for a repayment extension, which its board would consider in due course.



In a statement, the fund said: "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."

Greece made last-minute approaches to its international creditors for aid, but it was not enough to save the country from imminent default on loans.

Athens asked its European partners for new aid and offered to scrap a referendum in an attempt to lure creditors back into talks after five months of inconclusive negotiations brought Greece close to leaving the euro currency bloc.

Sources said the offer was made by Finance Minister Yanis Varoufakis on a call with eurozone colleagues.

Greece's existing aid package, with locked-up funds it needs to pay wages, salaries and debt, expired tonight.

Earlier in the day Athens had asked European countries for a reprieve and help paying its debts over the next two years.

The overtures came as tens of thousands of people descended on Athens' central Syntagma Square over the past 24 hours in two different rallies - one to support the government and the other to push for Greece to remain in the euro.

European officials had said it was too late to prevent Greece's current bailout from expiring at midnight, meaning Athens will forfeit €15.3bn in frozen funds.

German Chancellor Angela Merkel has ruled out further negotiations until after Sunday's referendum that Prime Minister Alexis Tsipras has called on further bailout terms.

Yet finance ministers said they would confer tomorrow over Mr Tsipras' latest loan request, effectively coming back to the negotiating table.

Sources said the officials tomorrow are expected to discuss Mr Tsipras' request for the new two-year loan to pay debts that amount to nearly €30bn..............http://www.rte.ie/news/2015/0630/711596-greece/

 30/6/15
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2 comments :

  1. Le FMI confirme qu'Athènes a fait défaut sur sa dette...

    L’institution a confirmé que le remboursement de 1,6 milliard d’euros n’avait pas été honoré. Athènes a demandé mardi soir aux Européens un troisième plan d’aide pour une restructuration de la dette. Un nouvel Eurogroupe doit se tenir mercredi.

    C’est à y perdre son latin. Mardi vers 16 heures, le Premier ministre grec Alexis Tsipras, a joué un nouveau coup surréaliste. A quelques heures de l’échéance du programme d’aide à la Grèce et du remboursement dû au FMI, son gouvernement a envoyé aux présidents de la Commission européenne, Jean-Claude Juncker, de l’Eurogroupe, Jeroen Dijsselbloem, et du Mécanisme européen de stabilité (MES) une demande pour obtenir un nouveau programme d’aide au cours des deux prochaines années. Puis à deux heures de l’échéance, le gouvernement a demandé au FMI de reporter le paiement de 1,5 milliard d’euros dû. Dans la confusion, Jeroen Dijsselbloem convoquait une réunion téléphonique de l’Eurogroupe en soirée.

    Cela n’a pas empêché le FMI d’annoncer, peu après minuit (heure française) que le remboursement de 1,5 milliard d’euros n’avait pas été honoré par la Grèce qui se trouvait donc en défaut de paiement........... http://www.lesechos.fr/monde/europe/021177222318-la-grece-tente-une-ultime-manoeuvre-pour-arracher-un-accord-1133214.php?7eKifkEcporFuIoY.99#xtor=RSS37
    1/6/15

    ReplyDelete
  2. Athen hat nicht gezahlt...

    Griechenland wird nach den Worten von Eurogruppen-Chef Jeroen Dijsselbloem am Mittwoch neue Vorschläge in der Schuldenkrise unterbreiten. Bis dahin tut das Land alles, um die Zahlungsunfähigkeit hinauszuzögern. Die IWF-Frist aber hat es verstreichen lassen......faz.net

    ReplyDelete

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