IMF refuses to grant Greece delay in Debt Payment

YEREVAN, April 17. /ARKA/. International Monetary Fund (IMF) is refusing to grant Greece a delay in payment of its debt in May, IMF head Christine Lagarde said.

According to the Financial Times newspaper’s Thursday report, Lagarde had explained the policy of not granting delay requests to Greek Finance Minister Yanis Varufakis, the Prime reports.

The IMF has not provided delays for 30 years now, Lagarde said. She said they provided clarifications to the minister on the policy and the respective procedures. –0–

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Armenia set to enhance development of its capital market, targeting large issuers and new investors

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