#BREAKING: ‘ Greece says it will default in June without aid from lenders ‘

#AceFinanceNews – Greece Update:May.20: ATHENS (Reuters) – Greece cannot make an upcoming payment to the International Monetary Fund on June 5 unless foreign lenders disburse more aid, a senior ruling party lawmaker said on Wednesday, the latest warning from Athens it is on the verge of default.

Prime Minister Alexis Tsipras’s leftist government says it hopes to reach a cash-for-reforms deal in days, although European Union and IMF lenders are more pessimistic and say talks are moving too slowly for that.

Greece says it will default in June without aid from lenders

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