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To: Ms. Baby Boomer who wrote (71681)6/4/2015 6:38:55 PM
From: Qualified Opinion  Read Replies (1) | Respond to of 221936
 
IMF should grant SDRs to Greece and call the debt paid. It's all funny money anyway. Will the few solvent countries please stand up.



To: Ms. Baby Boomer who wrote (71681)6/30/2015 6:34:27 PM
From: Ms. Baby Boomer1 Recommendation

Recommended By
Mevis

  Respond to of 221936
 
Greece debt crisis: Eurozone rejects bailout appeal...

If a payment to the IMF is missed and managing director Christine Lagarde informs her board, the eurozone would have the right under the loan agreements to demand immediate repayment of more than €180bn they have already lent Greece, together with interest.

Failure to repay the IMF comes under a list of "events of default" set out in the legal documents. IMF officials say Ms Lagarde intends to inform the board promptly if Greece doesn't pay on time....

bbc.com