Greece acknowledged yesterday before the Eurogroup have an urgent liquidity position.
Greece paid yesterday to the International Monetary Fund (IMF) and about 750 million corresponding to the expected maturity for Tuesday, a day ahead of the time schedule euros, according to Reuters two sources said the Ministry of Finance.
“The payment order has been executed to the IMF,” a Greek Ministry senior official. Payment and coincided with the celebration of yesterday’s meeting of the Eurogroup in Brussels.
Athens, which last week paid 200 million euros to the IMF in interest, is in danger of running out of cash in a few weeks, although the government led by Alexis Tsipras reiterated its willingness to honor its debt obligations.
Contingency plans
The Fund, while , already working with “national authorities Southeast Europe ‘contingency plans for a possible’ default ‘from Athens, according to a senior official of the agency told The Wall Street Journal said.
According to the American newspaper, the IMF and Greece’s neighbors are preparing for a possible failure of the negotiations between Athens and Brussels due to the important role of Hellenes banks in the financial systems of countries like Bulgaria, Macedonia or Albania. Specifically, subsidiaries of National Bank of Greece, Alpha Bank, Piraeus Bank and Eurobank Ergasias in Bulgaria and Macedonia have about 22% of bank assets.
Meanwhile, several ministers of the euro zone including Germany, expressed support for the referendum that the Greek government has announced several weeks to consult the public the program of structural reforms to unlock the ransom.
“If the Greek government believes that have to do a referendum, then do it, “said Wolfgang Schäuble, German Finance Minister
.
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