Struggling Greece will keep on repaying for as long as it can its EU-IMF creditors, who have demanded reforms and withheld release of the country's remaining bailout funds, a spokesman said Monday.
"To the extent that we are able to pay, we will keep on repaying these obligations," government spokesman Gabriel Sakellaridis told reporters.
He added: "It is the government's responsibility to be able to repay all these obligations.... It is also the responsibility of the creditors to be faithful to (their) loan obligations."
Sakellaridis's remarks came a day after a cabinet minister said Greece had "no money" to make a series of repayments to the International Monetary Fund from June 5.
"The instalments for the IMF in June are 1.6 billion euros ($1.8 billion). This money will not be given. There isn't any to be given. This is a known fact," Interior Minister Nikos Voutsis said on Sunday.
Greece's radical-left government has been locked in negotiations with its creditors -- the IMF, the European Union and the European Central Bank -- for the past four months in a bid to unlock some 7.2 billion euros in bailout cash.
The Syriza-led government, which was elected in January on an anti-austerity platform, has so far refused to agree to key economic reforms that the creditors want in exchange for the rescue funds.
But with a punishing debt repayment schedule in the next three months, the country now desperately needs those funds.
Last week, the parliamentary spokesman for Syriza had also said that the government would be unable to honour repayment to the IMF as its priority is to pay salaries, pensions and running costs.
"No country can repay its debts with only the money from its budget," Nikos Filis told Ant1 television.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soonMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor