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Greece debt crisis: IMF payment missed as bailout expires
Source: BBC
Greece debt crisis: IMF payment missed as bailout expires
6 minutes ago Europe
Greece has missed the deadline for a €1.6bn (£1.1bn) payment to the International Monetary Fund (IMF), hours after Eurozone ministers refused to extend its bailout.
But the ministers said they would discuss a last-minute suggestion from Greece for a new bailout programme.
Greece is the first advanced country to fail to repay a loan to the IMF and is now formally in arrears.
There are fears that this could put Greece at risk of leaving the euro.
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6 minutes ago Europe
Greece has missed the deadline for a €1.6bn (£1.1bn) payment to the International Monetary Fund (IMF), hours after Eurozone ministers refused to extend its bailout.
But the ministers said they would discuss a last-minute suggestion from Greece for a new bailout programme.
Greece is the first advanced country to fail to repay a loan to the IMF and is now formally in arrears.
There are fears that this could put Greece at risk of leaving the euro.
[font size=1]-snip-[/font]
Read more: http://www.bbc.com/news/world-europe-33339363