Sunday, May 24, 2015

Greece warns that we will not pay the installments of the IMF in June … – Il Sole 24 Ore

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This article was published May 24, 2015 at 14:31.
The last change is the 24 May 2015 at 16:21.

The Minister greek, Nikos Voutsis said that Athens will not refund any 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 there is 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 its 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.

In any case, the positions of the Government of Athens are in line with the views of the public Greek, given that 54% of Greeks support the line pursued by the government Tsipras in negotiations with international financial institutions, despite tensions with the EU. A survey this month by Public Issue, also emerges that 71% want that Athens remains in the euro and 68% believed that a return to the drachma would worsen the economic situation. 59% of Greek claims that the government should not bow to the demands of financial institutions, with 89% opposed to cuts in pensions and 81% hostile to any notion of mass layoffs.



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