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Greek Debt Crisis - Facts and Details

Greek bailout program and the deadline for its June repayment of $1.7 billion to the International Monetary Fund expire on Tuesday.

Here's what people told me at the massive rally against a bailout deal in Athens

Pretty much every news outlet in the world is focused on Greece right now, ahead of a July 5 referendum on whether to accept a bailout deal negotiated with Europe and the International Monetary Fund (IMF). The government is campaigning for a "No" vote, and pushing to reject the deal it negotiated. Show More Summary

Greek Bailout Program, June IMF Debt Payment Deadline Expire on Tuesday

Athens' bailout program and the deadline for its June repayment to the International Monetary Fund expire on Tuesday.

If The Mess In Greece Is All Greek To You, Then Read This

1 hour agoNews : The Two-Way

This week, Greek will miss a $1.73 billion payment to the International Monetary Fund. The debt crisis has the potential to create financial, economic and geopolitical trouble for Americans.

Greece Will Miss $1.8 Billion Loan Repayment, Government Confirms

Greece will not make its scheduled $1.8 billion bailout repayment to the International Monetary Fund (IMF) tomorrow, a senior Greek government official has confirmed. Earlier this month, Athens had utilised an emergency clause whichShow More Summary

Greece Won't Pay Its IMF Debt As Crisis Continues And Referendum Looms

2 hours agoNews : Huffington Post

Greece will not make the 1.6 billion euro debt payment that it owes the International Monetary Fund on Tuesday, an announcement that appears to set the country on a path to default and heightens fears of financial collapse and a Greek...Show More Summary

A Day Of Uncertainty In Greece: PHOTOS

3 hours agoNews : Huffington Post

Greeks faced an uncertain future on Monday, one day ahead of a deadline for the country's government to pay back 1.6 billion euros to the International Monetary Fund or default on its debts. Greece's banks and stock market remained closed on Monday, after talks between the country and its international creditors broke down over the weekend. Show More Summary

Greece Is Dealt 2 More Blows

As predicted, Greece doesn't have the funds to pay back a $1.8 billion euro loan installment by tomorrow's International Monetary Fund deadline, a government official there confirmed today—meaning the country may now be one step "closer to an exit from the euro zone currency," as Reuters puts it....

Top 10 'Grexit' Songs As Capital Controls Imposed: Between A Rock And Hard Place

With all the talk of Greek bailouts and the possibility that the country could default on its debts to overseas creditors - the International Monetary Fund (IMF) included - and potentially exit of the euro, my thoughts turned to what tunes that could be played on the radio should such [...]

Greece's gorgeous street art shows anger about bailouts

Greece is facing a historical disaster: after five years of struggling to stay afloat, including three bailouts, the country is now ready to default on its debt to the International Monetary Fund. If Greece can't pay back its bailout, it will be the largest country in history to default. Show More Summary

Greece Will Not Pay 1.6 billon Euro Loan Due to IMF on Tuesday

ATHENS (Reuters) - Greece will not pay a 1.6 billon euro loan installment due to the International Monetary Fund on Tuesday, a Greek government official confirmed on Monday, highlighting the depth of the financial crisis facing the country. Ministers...Show More Summary

Why You Should Care About Greece's Impending Meltdown

After months of failed negotiations with its creditors, the government of Greece now has 24 hours to pony up a $1.8 billion loan payment to the International Monetary Fund. With the country out of money and the European Union unwilling...Show More Summary

Don't Blame Greece When Europe's Bond Boom Ends Badly

Even as talk of Greece's exit from the European Union intensifies, bonds from governments once considered at risk of default or in need of bailout money from the International Monetary Funds still trade at benign yields near or below U.S. Treasuries.

Chances of Greece euro exit balancing on a knife's edge: Reuters Poll

By Jonathan Cable LONDON (Reuters) - Greece is almost certain to miss a 1.6 billion euro payment to the International Monetary Fund on Tuesday but it's touch-and-go whether it will have to leave the euro zone, a snap Reuters poll found. Show More Summary

Why Greek Banks Won’t Open Monday Morning

Greece’s economy has struggled for the last several years, relying on bailout packages from the International Monetary Fund and austerity measures imposed by Germany to control the national debt. However, the latest bailout package is set to expire on the … More » The post Why Greek Banks Won’t Open Monday Morning appeared first on EveryJoe.

No more assistance from the IMF

The International Monetary Fund will be prevented by its rules from providing additional financial assistance to the Greeks if they miss tomorrow’s payment, managing director Christine Lagarde said. ||| THE International Monetary Fund...Show More Summary

Greece risks expulsion from euro after rejecting terms of relief funds

Greek Prime Minister Alexis Tsipras’ government on Friday once again rejected international creditors’ offer to provide billions in relief funds that would allow Athens to make a $1.7 billion payment to the International Monetary Fund — and avoid default — on Tuesday. For weeks, Tsipras has been reluctant to accept the terms of the offer […]

Greece to Face IMF Funding Deprivation Until Arrears Paid off – IMF Chief

Athens won’t be able to receive any payment from the International Monetary Fund (IMF) until it settles its debt and solves the existing issues with the financial institution, IMF Managing Director Christine Lagarde said Sunday.

Greece Needs Needs to Restore Financial Independence – IMF Chief

The future of the Greek economy depends on structural reforms in the country and financial support of its European partners, International Monetary Fund (IMF) Managing Director Christine Lagarde said Saturday.

Greeks Will Vote On Whether to Pay EU's Price For Financial Bailout

2 days agoNews : The Two-Way

Lenders from the European Union and International Monetary Fund want austerity measures to continue for another five months in Greece in exchange for $16 billion in aid.

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