Off the wire
• Urgent: Greece will not repay loan installment to IMF Tuesday: Greek FinMin  • FLASH: GREECE WILL NOT PAY LOAN INSTALLMENT TO IMF TUESDAY: GREEK FINMIN  • Roundup: NATO convoy attacked in Kabul, Taliban claims responsibility  • Talks with Hamas on forming a unity government failed: official  • China to stage musical about Jewish refugees in Shanghai  • Closer judicial cooperation between mainland and Taiwan  • 1st LD-Writethru: Xi stresses CPC governance at county level  • China condemns terrorist attack in Egypt  • Myanmar national basketball tournament to be held in Yangon  • Urgent: 113 people aboard crashed Indonesian military plane: Air Force chief  
You are here: 　 Home

1st LD Writethru: Greece will not repay loan installment to IMF Tuesday: Greek FinMin

Xinhua, June 30, 2015 Adjust font size:

Greece will not repay the loan installment due to International Monetary Fund (IMF) Tuesday, Greek Finance Minister Yanis Varoufakis said.

However, he expressed hope that a debt deal can be reached with international creditors.

The Greek official made the statement outside the Finance Ministry in Athens when asked by media as the critical deadline expires on Tuesday afternoon.

He categorically said "No."

Greece's failure to meet its financial obligations to IMF for a second time in a month and pay off 1.5 billion euros (1.67 billion U.S dollars) in loan installments to IMF could launch formal procedures to default in coming weeks.

The remarks were made amid media reports that in the past few hours Greece's dialogue with international creditors has resumed to achieve a last minute debt deal and avert a financial collapse and possible Grexit. Enditem