So Greece Won’t Be Paying That Bill Tomorrow

So that's...nice for them?
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Have me over? For tea?

Because, thanks to an IMF rule that hasn’t been invoked in 40 years, it doesn’t have to, Christine Lagarde’s expectations notwithstanding. Now, as to whether it makes that payment and three others at the end of the month? Ball’s in your court, Christine, Angela, et. al. Alexis will be around tomorrow night to talk about it.

“‘The decision was intended to address the administrative difficulty of making multiple payments in a short period,’’ the I.M.F. said in a news release announcing the decision….

Greek officials have been suggesting all week that whether the I.M.F. would get paid on Friday would depend on the prospects for an imminent deal to renegotiate the terms of its international bailout program.

Greece to Put Off Friday Debt Payment to I.M.F. [NYT]
EU could host Tsipras again late Friday, maybe EBC, IMF too –EU source [Reuters]
Greek PM has no plans for confidence vote Friday- govt sources [Reuters]

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