Crunch time for Greece – will it be able to repay its IMF loans next month?
“Given it is currently trailing at 175% debt to GDP and it has no economic growth, sooner or later something's got to give,”– Dr Oliver Hartwich
Jason Walls
Thu, 28 May 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Experts in New Zealand, and around the world, are all but unanimous when it comes to the looming question of Greece’s debt repayments next month.
It won’t be able to front up with the cash, they say.
That is, Greece won’t be able to make its International Monetary Fund (IMF) payments on its own
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Jason Walls
Thu, 28 May 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.