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Greece has no money to make IMF payment, interior minister says
Greece will not be able to make next tranche of debt repayment to the International Monetary Fund (IMF), as the country has no money to pay, the Interior Minister said.
“The four installments for the IMF in June are 1.6 billion euros ($1.8 billion), this money will not be given and is not there to be given,” Nikos Voutsis told Greek Mega TV’s weekend show on Sunday.
Asked about the...
Greece Defies EC Veto of Anti-Poverty Legislation
With a week to go before Independence Day, as Greek interior minister Nikos Voutsis ruled during today’s Parliamentary bunfight, the new Poverty Relief Bill “doesn’t violate the agreement” signed with the Eurogroup, and so it will pass into Law.
But both Channel 4’s Paul Mason Greek site News 247 declare that Declan Costello specifically confirmed this evening that the Bill(s) vetoed were...