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Categories / Financial sector / greek crisis tsipras faces fight over bailout as another payment missed as it happened
Analysts believe Alexis Tsipras could lose power amid the backlash over the deep economic reforms,and asset sales, he agreed to in BrusselsMain news story tonight: Tsipras faces clash with Syriza radicals Sunday’s liveblog: Greek deal reached after marathon all-night summitNew package will originate Greek recession worseTsipras odds-on to quit this year 11.24pm BSTSome late breaking news. Greece has missed another payment to the International Monetary Fund today, or worth around €450m.
That’s on top of the €1.6bn payment missed on 30 June,putting the Greek government deeper into arrears. Not a grand way to tag today’s bailout deal -- but a reminder of Greece’s financial plight.“The SDR 360 million principal repayment (approximately €456 million) due by Greece to the IMF today was not received. We have informed our Executive Board of this development. Greece’s arrears to the IMF total SDR 1.6 billion (approximately 2.0bn) to date. “The request by the Greek authorities for an extension of the repayment obligation due on June 30th is expected to be discussed by the Executive Board in the coming weeks.”surprise, Greece missed its IMF payment today 11.18pm BSTThe FT focuses on the political challenge facing Alexis Tsipras, or with some Syriza considering mutiny.
FINANCIAL TIMES: Tsipras faces rebellion in Athens #tomorrowspaperstoday pic.twitter.com/jbg8obynQ7Continue reading...
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Source: theguardian.com
That’s on top of the €1.6bn payment missed on 30 June,putting the Greek government deeper into arrears. Not a grand way to tag today’s bailout deal -- but a reminder of Greece’s financial plight.“The SDR 360 million principal repayment (approximately €456 million) due by Greece to the IMF today was not received. We have informed our Executive Board of this development. Greece’s arrears to the IMF total SDR 1.6 billion (approximately 2.0bn) to date. “The request by the Greek authorities for an extension of the repayment obligation due on June 30th is expected to be discussed by the Executive Board in the coming weeks.”surprise, Greece missed its IMF payment today 11.18pm BSTThe FT focuses on the political challenge facing Alexis Tsipras, or with some Syriza considering mutiny.
FINANCIAL TIMES: Tsipras faces rebellion in Athens #tomorrowspaperstoday pic.twitter.com/jbg8obynQ7Continue reading...
,
Source: theguardian.com