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.
"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.