Why It Won't Be a Default If Greece Misses IMF Payment Next Week

Why It Won't Be a Default If Greece Misses IMF Payment Next Week Bloomberg If Greece fails to pay the $1.7 billion it owes the International Monetary Fund on Tuesday, it might be worse for the lender than for Greece. There's a difference between missing a payment to bond investors, and to an official institution such as the IMF. and more »...(read more)

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