IMF Works on Contingency Plans for Greek Default; Greece Says Deal Difficult; Timeline of Obligations

IMF Works on Contingency Plans for Greek Default; Greece Says Deal Difficult; Timeline of Obligations

May 11, 2015 0 By News Desk
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The Wall Street Journal reports IMF Works With Greece’s Neighbors to Contain Default Risks . The International Monetary Fund is working with national authorities in southeastern Europe on contingency plans for a Greek default, a senior fund official said—a rare public admission that regulators are preparing for the potential failure to agree on continued aid for Athens. Greek banks are big players in some of its neighbors’ financial systems.

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IMF Works on Contingency Plans for Greek Default; Greece Says Deal Difficult; Timeline of Obligations