FXStreet (Córdoba) – Greek negotiator confirmed Athens does not have the cash to make the €1.6 billion payment due to the IMF on June 30 without an agreement to unlock funds.
In an interview with Reuters, Euclid Tsakalotos said there was no money to pay the IMF and added Greece was willing to make concessions but pension cuts were off the table.
(Market News Provided by FXstreet)