FXStreet (Córdoba) – IMF Chief Christine Lagarde said that June 30th is the final deadline for Greece and there is no period of grace to extend the deadline for the €1.6 billion repayment.
Lagarde said Greek program needs to be credible and that is imperative a pension system reform.
Greek officials, including PM Tsipras, have reiterated they are willing to make concessions, but not to cut pensions.
(Market News Provided by FXstreet)