L’Estrange & Co. News

Greece plays down fears of debt default

Greece and its Europeans creditors yesterday sought to play down fears that Athens would default on a payment to the IMF next week.

Running short of cash to pay salaries, pensions and debt obligations, senior members of Alexis Tsipras’s government have said openly that Greece does not have the money to pay €300m to the IMF on June 5. The threats have spooked financial markets, which fear a default could …