Greece Is Placed in ‘Arrears,’ as the I.M.F. Spells ‘Default’ by PETER EAVIS


By PETER EAVIS

The I.M.F. does not use the term default. But missing the payment might lead to a situation in which other Greek debts are classified as defaults.

Published: June 30, 2015 at 08:00PM

from NYT Business Day http://ift.tt/1LTyvyl

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