Statement by the IMF on Greece
Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), Monday made the following statement regarding Greece’s financial obligations to the IMF due on July 13:
“The SDR 360 million principal repayment (about EUR 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 (about EUR 2.0 billion) 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.”
Source: International Monetary Fund
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