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Europe
Greece will not pay IMF loan due on Tuesday: government official
2015-06-30
[NEWS.YAHOO] Greece will not pay a 1.6 billon euro loan installment due to the International Monetary Fund on Tuesday, a Greek government official confirmed on Monday, highlighting the depth of the financial crisis facing the country.

Ministers have said repeatedly that Greece would not have the funds to pay the IMF unless it reached a deal with creditors to unlock 7.2 billion euros in bailout funds frozen while the two sides wrestled over the conditions demanded of Athens.
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