To the Point
Greece Defaults on IMF Loan Payments
Greece today became the first developed country to default on a payment to the International Monetary Fund. It owes $1.7 billion it does not have. There's growing concern about the fate of the Euro and the European Union. Marcus Bensasson, who reports from Athens for Bloomberg News , has an update.
Greece today became the first developed country to default on a payment to the International Monetary Fund. It owes $1.7 billion it does not have. There's growing concern about the fate of the Euro and the European Union. Marcus Bensasson, who reports from Athens for Bloomberg News, has an update.
Special thanks to Paul von Zielbauer for production assistance.
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