Day: May 24, 2015

Greece to miss IMF payments amid fears of ‘catastrophic’ eurozone rupture. A Greek reversion to the Drachma would be an irreversible “disaster” for the entire euro project, Yanis Varoufakis warns

Greece’s long-term future in the eurozone still hangs in the balance Photo: AFP By Peter Spence, Economics Correspondent  24 May 2015 Greece will be unable to find the €1.6bn (£1.1bn) sum it is due to hand the International Monetary Fund (IMF) next month, one of the country’s ministers has admitted. Nikos […]

Greece to miss IMF payments amid fears of 'catastrophic' eurozone rupture. A Greek reversion to the Drachma would be an irreversible "disaster" for the entire euro project, Yanis Varoufakis warns

Greece’s long-term future in the eurozone still hangs in the balance Photo: AFP By Peter Spence, Economics Correspondent  24 May 2015 Greece will be unable to find the €1.6bn (£1.1bn) sum it is due to hand the International Monetary Fund (IMF) next month, one of the country’s ministers has admitted. Nikos […]