Greece fell into default on its debt to the International Monetary Fund on Tuesday after missing a 1.5 billion euro ($1.7 billion) payment, the global lender said.
"I confirm that the SDR 1.2 billion repayment due by Greece to the IMF today has not been received. We have informed our Executive Board that Greece is now in arrears and can only receive IMF financing once the arrears are cleared," said Fund spokesman Gerry Rice.
GMT 16:07 2017 Friday ,28 AprilRussia warns rhetoric on N. Korea could have 'frightening consequences'
GMT 16:05 2017 Friday ,28 AprilMilitia clashes kill 29 in eastern DR Congo
GMT 16:04 2017 Friday ,28 AprilPope says 'demagogic' populism does not help peace
GMT 12:31 2017 Friday ,28 AprilPope Francis lands in Egypt in push for religious tolerance
GMT 11:43 2017 Friday ,28 AprilRussia's central bank cuts key rate to 9.25% from 9.75%
GMT 10:57 2017 Friday ,28 AprilClashes between Palestinians and Israeli near Ofar Prison in Ramallah
GMT 10:03 2017 Friday ,28 AprilErdogan says to open 'new page' in Turkey-US relations with Trump
GMT 09:20 2017 Friday ,28 AprilEurozone inflation hits 1.9 percent in April