The bailout deal that was offered by the euro zone leaders to Greece has been attacked by the International Monetary Fund. The creditors have reported that Greece needs relief from its debt crisis as it has been highly affected by the debt. The IMF has suggested that a move must be initiated to Continue Reading
Now Greece has become the first developed country which has made a default in the payment of its debt to the International Monetary Fund, after missing a 1.5 billion euro payment.Fund spokesman Gerry Rice said yesterday “I confirm that the SDR 1.2 billion repayment due by Greece to the IMF today has not been received” […]Continue Reading