Greece ‘will not make IMF payment’ says Finance Minister

Yanis Varoufakis

Greek Finance Minister Yanis Varoufakis has confirmed his country will not make its payment due later to the International Monetary Fund (IMF).

When asked while walking into the finance ministry about whether Greece will pay the €1.6bn due to the IMF, Mr Varoufakis said: “No.”

His comment came amid speculation that Greek prime minister Alexis Tsipras is trying to craft a last-minute deal with creditors before the payment is due and before the European part of Greece’s bailout comes to an end.

A Greek official said Mr Tsipras has spoken with European Commission President Jean-Claude Juncker, European Central Bank chief Mario Draghi and European Parliament president Martin Schulz.

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