Greece had warned EC and IMF it won't be able to pay up

Published Sun, May 17, 2015 · 09:50 PM

    Athens

    GREEK Prime Minister Alexis Tsipras had warned foreign officials that Athens would not be able to pay the 750 million euros (S$1.1 billion) due this month to the IMF, Greek newspapers said on Sunday.

    The reports came less than a week after Athens admitted that it tapped into an emergency account to pay back the loan, in order to avoid crashing out of the eurozone.