GO
Loading...

IMF Not Paying Greek Tranche Seems Certain: Report

It seems certain the IMF will not pay its share of an aid tranche to Greece at end-June but the global lender is seen taking part in a new program, a German newspaper reported on Wednesday without quoting any sources.

The International Monetary Fund (IMF) headquarters building is seen in Washington, DC.
Yuri Gripas | Getty Images
The International Monetary Fund (IMF) headquarters building is seen in Washington, DC.

"It is by now considered as certain that the (International Monetary Fund) IMF will not disburse its share of the next tranche of the current aid programme at the end of June," Frankfurter Allgemeine Zeitung newspaper wrote without citing sources.

"It is only allowed to do so if the financing of the current program is secured for 12 months. The troika apparently concludes that that is not the case," FAZ added.

Contact Europe: Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More