EU: Greece goes bankrupt in July if it does not receive the next tranche

EU: Greece goes bankrupt in July if it does not receive the next tranche

 During a Eurogroup meeting, Thursday, European Commissioner for Economic and Financial Affairs Pierre Moscovic urged creditors to find solutions for further assistance to Greece's financial problems in order to avoid a new crisis.

If the Greek state does not receive the next  tranche will have të face bankruptcy in July, as will not be able to pay 7 billion euros of the old debt.

The International Monetary Fund argued that Greece can not settle the debt on the current situation, only if receives assistance can be applied the reprogramming and the lowering of the debt interest rate.

Creditors, with Germany on the one hand and the International Monetary Fund on the other hand, have so far blocked the disbursement of the last tranche, amid a dispute over whether or not to ease debt repayment for Greece at a stable level./Oculus News

EU: Greece goes bankrupt in July if it does not receive the next tranche EU: Greece goes bankrupt in July if it does not receive the next tranche Saturday, June 10, 2017 Rating: 5
Powered by Blogger.