Greece will NOT pay IMF debt due today, confirms finance minister

June 30, 2015 17:32

Greek Finance Minister Varoufakis confirms Greece will not pay IMF debt due on Tuesday.

Greece will not pay a Euro 1.6 billion debt installment to the International Monetary Fund due today, but Athens still holds out hope of a last-minute deal with creditors on an aid package, Finance Minister Yanis Varoufakis said.

Asked by a reporter if Greece would make the payment, Varoufakis replied: "No". On the possibility of an eleventh hour aid deal with international creditors, Varoufakis said: "We hope so".

Here's what you need to know on the Greek crisis. Read

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