Prime Minister Alexis Tsipras told opposition leaders on Tuesday that disagreements among international lenders were to blame for an impasse in negotiations, sticking to a hard line that has brought Greece to the brink of default.
The European Union bluntly warned Greek Prime Minister Alexis Tsipras on Thursday that time was up and he should stop playing with his cash-strapped country's future and instead take crucial decisions to avoid a devastating default.
This has been hanging over the financial markets like a bad cold for some time. Greece and the Eurogroup are down to the wire and neither side is budging. But just how significant is it? On Friday Greece has a $339 mln payment due the IMF. If a deal isn’t made Greece says “no payment.”
The Greek government's choice to become its new representative at the International Monetary Fund said on Monday she would not take up the job following a backlash within the ruling leftist Syriza party.