Sunday, May 24, 2015

Greek Interior Minister said the lack of funds for the payment of the IMF in June – RBC

The head of the Interior Ministry of Greece Nikos Vutsis

Photo: Global Look Press

«Those € 1,6 billion that Greece must pay to the International Monetary Fund in June, will not be paid, because the country does not have that kind of money”, – quotes Reuters Vutsisa statement he made on the air Greek Mega TV.

Vatsis noted that Greece is in talks to provide new loans based on “cautious optimism” in the hope that an agreement will soon be reached.

Earlier this week it was reported that Greece’s talks with representatives of France and Germany for new credits at the EU summit in Riga, ended without result. It was to provide the country tranche of € 7,2 Bln. Observers note that the confrontation of Athens with the ECB could lead to that country’s authorities to declare a default, which in turn increases the risk of a Greek exit from the euro zone.

Greece is in talks to extend the program of international assistance to the end of 2015 (previously the timing of the program were extended twice). Athens trying to agree on a reform plan with creditors that will be needed in the country to obtain a new aid package. Now remain unresolved contentious issues such as the reform of the pension system, changes in sales tax rates and the question of the budget surplus.

In the middle of April, Spiegel was reported that Russia will give Greece from € 3 billion to $ 5 billion against future income from the transit of gas through the pipeline, “Turkish stream.” Later, the press secretary of the president of Russia Dmitry Peskov, said that the talks with Greek Prime Minister Alexis Tsipras and Russian President Vladimir Putin in April, there was no agreement on granting financial assistance to Greece, as the financial aid from Moscow, “nobody asked.”

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