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Monday, May 25, 2015

"Can't Pay, Won't Pay" : Greece Has No Money To Make IMF Payment, Interior Minister Says

Greek politicians finally grow a pair  

RT
05/24/2015

Greece will not be able to make next tranche of debt repayment to the International Monetary Fund (IMF), as the country has no money to pay, the Interior Minister said.


See ya, Euro
"The four installments for the IMF in June are 1.6 billion euros ($1.8 billion), this money will not be given and is not there to be given," Nikos Voutsis told Greek Mega TV's weekend show on Sunday.

Asked about the timing of talks on repayment, Voutsis said that they may be extended until the end of June or early July. His statement comes as Greek Finance Minister Yanis Varoufakis said that Athens have made "enormous strides" at reaching a deal with its international creditors.


"It is now up to the institutions to do their bit. We have met them three-quarters of the way, they need to meet us one-quarter of the way," he told the BBC's Andrew Marr show on Sunday.

According to Varoufakis, it would be "catastrophic" if Greece left the euro, saying that it would be "the beginning of the end of the common currency project.”


On Thursday, a spokesman for the left-wing Syriza party said that Greece won’t be able to pay the next tranche of 300 million euros to the IMF on June 5 unless it receives extra financial aid from creditors.


IMF elitist whore Lagarde finally manages 
to push Greece over the edge
“Now is the moment that negotiations are coming to a head. Now is the moment of truth, on June 5,”Nikos Filis, spokesman for Syriza party lawmakers, told ANT1 TV channel. “If there is no deal by then that will address the current funding problem, they won’t get any money.” Greece is struggling to repay its multibillion euro debt to the troika of international lenders – the IMF, the ECB and the European Commission, and is trying to find a way to get a further €7.2 billion bailout unlocked. Talks between Athens and its international lenders reached a stalemate over refusal of Greek authorities to carry out labor and pension reforms, as well as to lower fiscal targets established within the framework of the bailout program. 


However, Athens has made a number of concessions, including the imposition of a special tax on bank transactions to help raise revenue.


Greeks have had more than enough of the Nazi Merkel
On Wednesday, Varoufakis told Britain’s Channel 4 that if Greece fails to reach negotiations with lenders, the government will have to give pensioners and public sector workers priority. "If we can, on June 5, repay the IMF and pay pensions and salaries as well as the other obligations we have to our internal creditors, we shall. If not, we will have to prioritise pensioners and public sector workers," he said.


On May 11, Athens began repaying some €750 million in debt interest to its creditors, just days before the deadline.



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The real truth on 9/11 slowly continues to bleed out

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Many researchers are focusing especially on the little-known collapse of

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The Empire and the inevitable fall of the Obama criminal regime

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STRATFOR Editor’s Note: This installment on the United States, presented in two parts, is the 16th in a series of STRATFOR monographs on the geopolitics of countries influential in world affairs.

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A look back at 2011 predictions for the future in order to put events of today into perspective

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By Robert S. Finnegan

This e-mail outlines and confirms the acts of espionage against Indonesia and Indonesians by Akiko Makino and the others involved both in Kobe University and in AI Lab at University of Airlangga, Surabaya; Bahasa Indonesia original follows English translation...

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UPDATED 01/07/2015 : FOX NEWS CORPORATE PHARMA SHILL MEGAN KELLY AND FOX NEWS QUACK DOCTOR NOW PUSHING TAMIFLU FOR PREGNANT WOMEN AND CHILDREN;

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THE 5TH ESTATE UNEQUIVOCALLY WARNS THE PUBLIC NOT TO TAKE OR GIVE THIS PROVEN DANGEROUS, INEFFECTIVE DRUG TO ANYONE

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The 5th Estate has just purchased a library on H5N1 "Novel" virus pandemics, there are dozens of PDF and Exel documents we feel will assist you in saving lives following intentional releases of the H5N1 and now MERS viruses; we will begin by printing those that appear to be extremely relevant here: H5N1 Kobe-Kawaoka-Ernala series continues soon with more "Smoking Gun" e-mails from Teridah Ernala to The 5th Estate . . .

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By Robert S. Finnegan

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