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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

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

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
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Crunch time for Greece – will it be able to repay its IMF loans next month?
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