Mr. Gerry Rice, Director of Communications at the International
Monetary Fund (IMF), made the following statement today regarding
Greece’s financial obligations to the IMF due today:
“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.”
