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Greece will not pay IMF debt on Tuesday: finance minister

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Greece will not pay a 1.6 billion euro debt installment to the International Monetary Fund due on Tuesday, but Athens still holds out hope of a last-minute deal with creditors on an aid package, Finance Minister Yanis Varoufakis said.

[ATHENS] Greece will not pay a 1.6 billion euro debt installment to the International Monetary Fund due on Tuesday, but Athens still holds out hope of a last-minute deal with creditors on an aid package, Finance Minister Yanis Varoufakis said.

Asked by a reporter if Greece would make the payment on Tuesday, Mr Varoufakis replied: "No". On the possibility of an 11th hour aid deal with international creditors - with the current programme expiring on Tuesday - Mr Varoufakis said: "We hope so".

REUTERS

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