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Greece signals June 5 IMF payment as next crisis cliffhanger

Athens doesn't have the money and won't pay what it owes the fund next month: interior minister
Tuesday, May 26, 2015 - 05:50
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The Greek PM's spokesman refused to be drawn in on whether Athens will be able to find the 300m euros it's due to pay the IMF next month. Missing that could trigger a chain reaction that includes the ECB raising the discount it applies to collateral that the Greek banks post for emergency liquidity assistance.

Athens

THE Greek government is priming investors for another cliffhanger on June 5.

While Greek Prime Minister Alexis Tsipras's spokesman Gabriel Sakellaridis insisted on Monday that the government will pay salaries and pensions due at the end of this month, he refused to be drawn