12 May 2015
Greece pays off €750m to IMF – Blueprint Capital
FXStreet (Barcelona) - The Blueprint Capital FX Team, mentions that Greece has met today’s deadline for the IMF repayment but the bailout agreement talks still continue without any agreement.
Key Quotes
“It seems as though, almost weekly, the cash-strapped Mediterranean state leaves the world wondering whether it can make its debt payment and this time it was no different. However, Greece has confirmed it has met today’s deadline for the IMF repayment, thus still managing to avoid being the first country to not make a payment to the International Monetary Fund (IMF).”
“Despite this small bright light, crunch talks between Greece and the rest of the Eurozone’s finance ministers once again ended without agreement. However, both sides insisted that progress is being made but with still ‘significant divergence’ over key issues such as pensions and labour market reforms, according to Greek finance minister Varoufakis.”
Key Quotes
“It seems as though, almost weekly, the cash-strapped Mediterranean state leaves the world wondering whether it can make its debt payment and this time it was no different. However, Greece has confirmed it has met today’s deadline for the IMF repayment, thus still managing to avoid being the first country to not make a payment to the International Monetary Fund (IMF).”
“Despite this small bright light, crunch talks between Greece and the rest of the Eurozone’s finance ministers once again ended without agreement. However, both sides insisted that progress is being made but with still ‘significant divergence’ over key issues such as pensions and labour market reforms, according to Greek finance minister Varoufakis.”