Greece unless & aacute; able to meet a payment to the International Monetary Fund which expires on June 5, if lenders for & aacute; neos not give m & aacute; s help, said yesterday a senior Greek government, in STILL last warning from Athens that est & aacute ; . the brink of default
The Executive leftist prime minister, Alexis Tsipras, indic & oacute; which conf & iacute; to to reach an agreement of money in exchange for reforms in a few d & iacute; as, but their lenders Uni & oacute; European n and the IMF are m & aacute; s pessimistic and say the talks are moving too slow
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The payments to the IMF totaling EUR 1,500 million (1,700 million d DOLLARS) and overcome the pr & oacute month. maximum, starting from 300 million euros to be returned on June 5
& ldquo; Now is the time negotiations est & aacute; n reaching a point cr & iacute; tico. Now is the moment of truth, June 5 & rdquo ;, said Nikos Phillies spokesman deputies of the ruling party Syriza, a television chain & oacute; n ANT1. & Ldquo; If by then there is an agreement that addresses the current problem of financing & oacute; n, they will not receive ning STILL money & rdquo ;, he added & oacute;.
In turn, Finance Minister, Yanis Varoufakis , Asegur & oacute; Brit & aacute channel, Channel 4 its unique pa & iacute; s s & iacute; pay & aacute; June 5, the IMF, while cancel & aacute; pensions and salaries and other obligations with international creditors. & Ldquo; We will. If not, we will have to prioritize retirees and workers p STILL sector; PUBLIC & rdquo;.
The talks between Greece and its creditors were stranded by the requirement of Athens to give up atr & aacute; s on labor reform and pensions, in addition & aacute;. s to reduce fiscal targets set in its bailout program
Among the concessions Athens est & aacute studies; a tax on bank transactions to help increase revenue, although DISCUSSION & oacute; n is at a preliminary stage, said two sources pr & oacute; ximas talks. Varoufakis confirm & oacute; that the measure is & aacute; on the table, he added & oacute; Athens has alternative proposals to their own plans for an increase of the value added tax, a key issue in the negotiations. Greek officials warned on numerous occasions STILL recent weeks that could RIVER an running out of money, but then faced its obligations with draconian measures, such as ordering state agencies that deliver funds or, in the case of a payment to IMF Last week, emptying a reserve account with the same body
Reuters
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Greece will not be able to face a IMF payment due on June 5 if foreign lenders will not give you more support, said yesterday a senior Greek government in Athens last warning on the brink of default.
Executive’s leftist prime minister, Alexis Tsipras, said he was confident of reaching an agreement money in exchange for reforms within days, but the lenders of the European Union and the IMF are more pessimistic and say the talks are moving too slow.
The payments to the IMF totaling about 1,500 million euros (1,700 million dollars), due next month, starting with 300 million euros to be refunded June 5.
“Now is the time negotiations are reaching a critical point. Now is the moment of truth, on 5 June, “said Nikos Filis, spokesman for the deputies of the ruling party Syriza, the television station ANT1. “If by then there is no agreement that addresses the current problem of financing, they will not receive any money,” he said.
In turn, Finance Minister, Yanis Varoufakis, He assured the British Channel 4 that his country does pay on June 5, the IMF, while canceled pensions and wages and other obligations with international creditors. “We will do it. If not, we will have to prioritize pensioners and public sector workers. “
Talks between Greece and its creditors were stranded by the requirement Athens to reverse the labor reform and pensions and reduce the fiscal targets set in its bailout program.
Among the concessions Athens is studying a tax on bank transactions to help increase revenue, although the discussion is at a preliminary level, two sources close to the talks said. Varoufakis confirmed that the measure is on the table and said Athens has proposed alternatives to their own plans for an increase of the value added tax, a key issue in the negotiations. Greek officials have warned repeatedly in recent weeks that could run out of money, but then faced its obligations with draconian measures, such as ordering state agencies that deliver funds or, in the case of a payment to the IMF last week, emptying a reserve account with the same body.
Reuters
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