Greece does not have respite. After having reached a settlement with the Eurozone, again violating another payment to the International Monetary Fund. In this case it was worth 456 million euros (500 million dollars), which means that its debt to the body now stands at about 2,000 million euros (2,190 million ) after its failure last June 30.
“The payment of 456 million euros which was due today by Greece to the IMF were not received. We have informed the Board of this fact. The blackberry Greece lies with the IMF to date about 2,000 million euros, “said Gerry Rice, a spokesman for the bank said in a statement
MORE:. Financing in Greece the short term, a new problem for Europe
MORE: What are the drastic clauses that Greece accepted the bailout
The default with the International Monetary Fund (IMF) agreed with the agreement reached late on Sunday after weeks of tension, with international creditors in Brussels, for which Greece agreed to apply a Hard package of structural reforms and fiscal adjustment to channel their public accounts in exchange for a third bailout
In addition, Rice said” the request of the Greek authorities for an extension of payment deadlines due June 30 is expected to be discussed by the Board in the coming weeks “.
On June 30, in the drama of the negotiations, Greece became the first country made progress in IMF history by not complying with the payment of 1,600 million euros (1,750 million dollars) and was declared in default by the institution he leads Christine Lagarde.
As a result, Greece was unable to access new funding body until they catch up with their outstanding accounts.
Greece, whose banks remain closed for lack of liquidity, has avoided with this agreement, which also involved the IMF, possible exit from the euro zone and the extent of a crisis of confidence in the European Union (EU)
In Japan itself paid
Greece reimbursed on Tuesday 148 million euros (164 million dollars) for bonds issued in yen 20 years ago, a symbolic gesture intended to prevent total distrust of financial markets.
“It was confirmed this morning 148 million euros (20,000 million yen) is received, “said a spokesman for the Japanese bank Mizuho Financial Group, administrator of these bonds.
The bonds were issued by the Greek state does exactly 20 years and sold to private investors.
These bonds represent a derisory sum in relation to the Greek (about 345,000 million dollars, or 177% of GDP) Total debt, but a refund was vital for the country.
“If Greece does not reimbursed by private investors would be considered in cessation of payments”, which would prevent access to markets for financing, said Sayuri Ito, NLI institute in Tokyo.
EFE-AFP
No comments:
Post a Comment