Greece: Request postpone IMF skuldbetaln to lump sum … (Continued) – Dagens Industri

Greece Request postpone IMF skuldbetaln to lump sum … (Continued)

                  2015-06-04 20:04
             

 (Complements earlier news from the third paragraph)       (SIX), the Greek Government has informed the International  Monetary Fund, the IMF, they will not pay their debt payment  EUR 300 million on Friday. Instead choose the country to use  a rarely used IMF rule to allow Greece to stick together  its total IMF debt of 1.6 billion euros and pay it all at the end of  June.       It reports the Financial Times.       After much pressure from his left-oriented Syriza has  Prime Minister Alexis Tsipras chosen to hold back Greece  debt payment to the IMF to signal its opposition to their  international lenders' loan conditions, the paper said.       Tsipras announced as late as Thursday morning that there  there is no reason to worry about the payment.       Even IMF chief Christine Lagarde said earlier on Thursday that  she was confident that Greece would perform Friday's debt payment  and rejected the claim that the country would make some  kind of  lump sum payments, which later was made by Zambia in 1980.       Gerry Rice, a spokesman for the IMF confirmed the request and said that  "Rule" allows countries to "turn to their administrative  difficulty performing multiple debt payments in a short time ", called  it.      Gabriel Cardona Cervantes  mailto: gabriel.cardonacervantes@six-group.se  www.blogg.six.seSIXNews  SIX News