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Tuesday, 26 May 2015 - 13:38
Greece to keep repaying creditors - as long as it can
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Struggling Greece will keep repaying its EU-IMF creditors for as long as it can, with some 300 million euros due next week and no deal in sight in talks over its remaining bailout funds.

Greece's radical-left government has been locked in negotiations with its creditors - the International Monetary Fund, the European Union and the European Central Bank - for the past four months in a bid to unlock some 7.2 billion euros in bailout cash.

The IMF's chief economist Olivier Blanchard said budget reforms that Greece has proposed to its international creditors are not enough to ensure a surplus this year.
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