IT HAPPENED: Greece becomes first developed nation to default on international obligations
Greece won’t pay the International Monetary Fund the 1.5 billion euros it owes Tuesday. A spokesman for Finance Minister Yanis Varoufakis told CNN the payment would not be made. Greece thus becomes the first developed economy to default to the IMF.
GREECE IS THE WORD The IMF wants its money. ATMs in Greece are running dry.. this could be the week of a national default.. The world is watching. And Reuters is reporting this in its Sunday dispatch from the nation… George Georgiopoulos and Lefteris Papadimas write: More than a third of automated teller machines across … Read more