Greece and I.M.F. Hold Talks on Crucial Debt Payment

0
735

BY 

As a crucial date approaches for Greece to make a major debt payment, the markets are yet again weighing the possibility that the country could actually default on its loans.

Such an outcome — a decision by the Greek government not to pay its creditors — has generally been seen as remote, even since the left-wing Syriza government came to power in January.

But now, after months of bitter, inconclusive negotiations over the austerity measures Greece would have to impose to secure desperately needed cash from Europe, Greek government officials are grappling with very limited options for handling their cash squeeze.

On April 9, Greece must pay 458 million euros, about $503 million, to the International Monetary Fund, a date and sum that in recent weeks have come to loom large for investors, many of whom worry how the markets would absorb a messy Greek default.

“Read the Full Article at www.nytimes.com >>>>”

ATTENTION READERS

We See The World From All Sides and Want YOU To Be Fully Informed
In fact, intentional disinformation is a disgraceful scourge in media today. So to assuage any possible errant incorrect information posted herein, we strongly encourage you to seek corroboration from other non-VT sources before forming an educated opinion.

About VT - Policies & Disclosures - Comment Policy
Due to the nature of uncensored content posted by VT's fully independent international writers, VT cannot guarantee absolute validity. All content is owned by the author exclusively. Expressed opinions are NOT necessarily the views of VT, other authors, affiliates, advertisers, sponsors, partners, or technicians. Some content may be satirical in nature. All images are the full responsibility of the article author and NOT VT.
Previous articleW&M Legal Clinic for Veterans Gets $245K Grant from State
Next articleNEO – Truth Gone Bad – How 9/11 Activists Have Failed