Sunday, May 24, 2015

Greece warns that you can not pay in June the IMF – Ambito.com

     Business
    
    
    Sunday May 24, 2015

    
         
    



are 1,600 million euros

Greece can not pay fees in June a loan from the Fund International Monetary due to lack of money , said the interior minister of the government of Athens, Nikos Voutsis.

“The four installments to the IMF in June add 1,600 million euros . This money will not be deposited because it is not, “he said very clearly the minister told the TV Mega.

Both these statements as a deadlock in negotiations between Athens and the Greek EU reforms again raising the specter of an eventual departure of the euro.

This would in turn “the beginning of the end for the” currency unique, said Greek Finance Minister Yannis Varoufakis, in an interview with the BBC.

“If you are in the monetary union leave would be catastrophic,” said Varoufakis.

“Once the head of the investors is the idea that the euro is not indivisible, then it is only a matter of time the fact that everything begins to fall apart,” said the minister, referring specifically to risk of dissolution of the single European currency

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