Bookmark and share the address of UKRAINE ENGLISH NEWS on your social bookmarking website
Most users ever online was 229 on Sat Aug 08, 2015 11:03 pm
The IMF said it was bringing its team back to Washington because there had been no sign of a compromise.
"There are major differences between us in most key areas," IMF spokesman Gerry Rice said in Washington. "There has been no progress in narrowing these differences recently and thus we are well away from an agreement."
However, the IMF said that while "the ball is very much in Greece's court right now," the fund "never leaves the table and remains engaged."
The creditors want Greece to commit to economic reforms before they pay another 7.2 billion euros ($8.2 billion). Athens needs the money to meet debt obligations worth 1.6 billion euros at the end of the month and later this summer.
While creditors have been keen to say that time is running out, Greece itself has told them to "stop pointing fingers."
Warnings from Brussels bigwigs................
Read further at link: dw.de