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Author Topic: IMF approves Greece?s payment bundle request  (Read 157 times)

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Offline mastercode

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IMF approves Greece?s payment bundle request
« on: June 07, 2015, 01:15:15 PM »
The International Monetary Fund approved Greece?s request to bundle its four payments due this month into one payment at the end of June. An option last exercised by one country, Zambia, more than 30 years ago. Greece was scheduled to make the first payment, totaling around 343 million U.S. dollars Friday, but the government has been unable to reach an agreement with its international lenders. As Filio Kontrafouri reports, Greece?s residents still keep pulling their money from bank accounts their.

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