Moody’s downgraded Greece to the so-called. junk – Onet.pl

 
  Photo: AFP
 
 
  Moody’s downgraded Greece to the so-called. junk
 
 
 

Moody’s warns that matter on the outcome of Sunday’s referendum on the conditions for aid to Greece and is now unlikely to Greek creditors gave Athens further aid.

your rating agency explained that Greece ranks among the industrialized countries, after the failure of negotiations on the terms of unlocking the last installment of the second aid program, was the first country in history has been able to repay the installments of debts to the International Monetary Fund in the amount of 1, 6 billion, which in practice is considered insolvent. In this situation, other creditors of Greece may request to accelerate the repayment obligations.

The International Monetary Fund said on Wednesday that Greece’s debt postponement it will be beneficial to “the country mired in crisis.”

Even Tuesday During the day Athens asked the IMF for a postponement to November due to midnight repayment.

Last week in an extensive interview with French business magazine “Challenges” IMF head Christine Lagarde said she did not believe that a Greek exit from the euro zone would lead to the collapse of European finance.

She explained that the reform, which proposes the Greek government can not rely mainly on raising taxes and promises more efficient downloading them.

She added that in deciding whether to enter into an agreement with Greece or postpone repayment of its debt fund “must be accountable to the international community. Because if it comes to Greece, or about any other country, the money you borrow, the money 187 IMF member countries, “- she pointed out.

(RZ)