“We have informed our Executive Board that Greece is now in arrears and can only receive IMF financing once the arrears are cleared,” Gerry Rice, the director of communications at the IMF, said in the statement.
- The Greeks will vote 'No', and an immediate Grexit will follow53.2% (1057)
- The Greeks will vote 'Yes', and the austerity policy will remain12.1% (240)
- The Troika will finally agree to work out a reasonable compromise and Greece won't have to leave the EU34.7% (689)
Greece's bailout deal with its international creditors also expired on Tuesday. The talks between the parties on extending the deal in exchange for austerity reforms have failed to yield results.
On Saturday, Athens announced a July 5 referendum to ask voters to decide whether to accept a new bailout deal offered by the country's international creditors in exchange for unpopular austerity measures.