Greece will not pay IMF debt on Tuesday: finance minister
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Greek Finance Minister Yanis Varoufakis and head negotiator with Greece's lenders Euclid Tsakalotos (left) arrive at Prime Minister Alexis Tsipras' office in Athens, Greece on June 28, 2015.
PHOTO: REUTERS
ATHENS (REUTERS) - Greece will not pay a 1.6 billion euro (S$2.4 billion) debt instalment to the International Monetary Fund due on Tuesday, but Athens still holds out hope of a last-minute deal with creditors on an aid package, Finance Minister Yanis Varoufakis said.
Asked by a reporter if Greece would make the payment on Tuesday, Mr Varoufakis replied: "No". On the possibility of an 11th hour aid deal with international creditors - with the current programme expiring on Tuesday - he said: "We hope so".
