Greece cannot make debt repayments to the International Monetary Fund (IMF) next month unless it achieves a deal with creditors, its interior minister said on May 24, the most explicit remarks yet from Athens about the likelihood of default if talks fail.
Reuters: Interior minister says Greece hasn’t got the money to make June IMF repayment
A woman walks past a shut down store in Athens on May 22, 2015. German Chancellor Angela Merkel has dampened hopes for an end to marathon talks with Greece on a new loan deal as cash-strapped Athens said an agreement was possible by end month.
