ECONOMY

IMF’s Lagarde says ‘no period of grace’ for Greek debt payment

International Monetary Fund chief Christine Lagarde warned Greece on Thursday that it would get no extra time to make a huge 1.6-billion-euro debt payment due at the end of the month.

“There will be no period of grace,” Lagarde told reporters in Luxembourg where eurozone finance ministers are meeting, adding: “No delay of one month or two as I heard; it’s due June 30.”

[AFP]

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