Saturday, April 18, 2015

Greece, liquidity running out – Italy Country Press

Christine Lagarde excludes the postponement of the installment payments to the IMF

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Greece is in impasse, the liquidity problems are back at the gates. The situation becomes increasingly serious and the negotiations with Europe do not go forward one step.

The Minister of Finance greek Yanis Varoufakis, on the sidelines of the International Monetary Fund (IMF), said that for Greece is important to stay in the euro, but the liquidity of the country is being phased out. Alarm among other things, also launched by the IMF, which does not want the possibility of deferral of debt, proposed by Athens unofficially.

The financial markets respond poorly to these uncertainties and tensions in Europe, and bags close lower. The degree of dissatisfaction in Brussels towards the level of reforms in Athens, do not take off the negotiations, and in the air you breathe much concern about the decisions that will be out at the next Eurogroup of 24 April in Riga, where Tsipras will submit a report on progress achieved. The work must therefore intensify, emphasizes the spokesman of the President of the European Commission Juncker.

Christine Lagarde, president of the IMF, is said concerned about the financial situation of Greece, and excludes the possibility to postpone the next tranche of Payment of Athens, stressing that the money the IMF are the international community.

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