You are here

Ratings agencies say no default if Greece misses payments

There are fears Athens, stuck in funding talks, will fail to make settlements to IMF, ECB

BT_20150502_CPGREEK2_1648832.jpg
SEEKING A LIFELINE: Greece owes nearly one billion euros to the IMF in May and almost seven billion euros to the ECB over July and August.

London

MOST top credit rating agencies say they would not cut Greece's rating to default if it misses a payment to the International Monetary Fund (IMF) or European Central Bank (ECB), a stance that could keep vital ECB funding flowing into the financial system.

Greece owes nearly

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom