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FT: IMF refuses Greek unofficial request

Greek officials attempted, through informal channels to ask the IMF to delay the repayment of their loans, but eventually got a negative reply and immediately reversed course. This was the revelation of the Financial Times, which see this move as showing the precarious position of Greek finances.

  • Published in Greece

S&P lowers Greek ratings

The Standard & Poor’s ratings services lowered its long- and short-term sovereign credit ratings for Greece to ‘CCC+/C’ from ‘B-/B’.

  • Published in Greece
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