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> Economy

FT: SYRIZA govt considering … default in case of no deal

The article refers to “people briefed on the radical leftist government’s thinking”

Newsroom April 13 09:04

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FT weighed into the “Greek issue” on Monday with “do-or-die” scenario it says the leftist Greek government is considering this month if it doesn’t achieve a loan agreement with EZ creditors to unblock more than seven billion euros in bailout loans.

An article in Financial Times, bylined by veteran Athens correspondent Kerin Hope and Tony Barber, claims the SYRIZA government is considering a debt default unless a deal is achieved by late April. A Eurogroup meeting is scheduled for April 24.

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Greece inflation Hits 5.1% in September as Eurozone Rate Rises to 3.8%

The article refers to “people briefed on the radical leftist government’s thinking”.

FT says the radical leftist government is running out of cash to pay state salaries and pension, with IMF payments worth 2.5 billion euros going “on hold” if Europe turns a “cold shoulder” to Greek ministers’ pleas.

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