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Greece will default in June without aid from lenders

Published Wed, May 20, 2015 · 09:50 PM

Athens

GREECE cannot make an upcoming payment to the International Monetary Fund (IMF) on June 5 unless foreign lenders disburse more aid, a senior ruling party lawmaker said on Wednesday, the latest warning from Athens it is on the verge of default.

Prime Minister Alexis Tsipras's leftist government says it hopes to reach a cash-for-reforms deal in days, although European Union (EU) and IMF lenders are more pessimistic and say talks are moving too slowly for that.

Greece

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