Telegraph - Live Blog: Reports in its 6.14pm the following post, " Amid all the drama of that aborted eurogroup, the IMF's chief spokesman Gerry Rice has reiterated the Fund's stance that it is not willing to provide Greece any leeway if it fails to make its dues on June 30. "
Lets Get Real:
The Greeks face DOOM next week if it can not repay back its IMF loan, this would mean it was in default, and thus Greece could exit the Euro. The Greeks have to accept the fact that they are now a province of Germany, its up to Berlin to decide what level of economic pain Greece must suffer for its bad welfare structure. The Greeks could be lucky, they get out of the Euro, have their own currency, less influence from Berlin and make a comeback, but for present think of Poor Greece. On the other hand a pound should go a long way in Greece this year, so take your holiday in Greece, cheap Greece needs money and you can help a Country get back on its feet. WIN WIN
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