The IMF says it will suspend aid payments to Greece starting as early as next month unless the...

|By:, SA News Editor

The IMF says it will suspend aid payments to Greece starting as early as next month unless the country can figure out how to plug a €3B-4B funding gap occasioned by the apparent reluctance of regional central banks to roll their Greek bonds (maybe they should talk to Paul Kazarian) and faltering privatization plans (i.e. DEPA). On watch is the Greek ETF (GREK), as this latest news will likely add to concerns occasioned by renewed political tension (I, II).