Sunday, May 24, 2015

Greece: Varoufakis warns, will not refund the installments in June – AGI – Agenzia Journalistic Italy



Economy

Greece warns Varoufakis not refund rate in June 17:15 May 24, 2015

(AGI) – Athens, May 24 – Interior Minister greek, Nikos Voutsis said that Athens does not reimburse ‘none of the four installments due in June for loan repayments to the IMF. “The four installments to the IMF worth one billion and 600 million, this money will not be ‘paid and not catered’ to be paid,” said Voutsis in an interview to Greek TV station Mega. Meanwhile
Finance Minister Greek Yanis Varoufakis, reiterated that his government has already ‘done his part, and warned that a Greek exit from the euro would be “catastrophic”, “the beginning of the end for the process of the single currency “. In an interview on the show’s Andrew Marr on BBC Varoufakis he said that his government has made “huge steps” to facilitate an agreement in negotiations with international institutions and added that “now it is up to these institutions to play their part” . “The meeting went three-quarters of the way, now they have to come to us doing that last quarter,” he added. (AGI).

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