Tag Archives: Debt Deal Expected By May 9 – Greece PM

Debt Deal Expected By May 9 – Greece PM – 28 April 2015

RT logoPrime Minister Alexis Tsipras has said Greece expects to reach an interim agreement on a bailout deal with the EU which will provide cash-strapped Athens with funds before its next IMF payment is due.

“I think that by the 9th of May we will have an agreement,” that will unlock some bailout funds, Tsipras said in a marathon interview with Star TV that aired late Monday evening.

Greece hopes to secure some sort of extension so Athens can pay €750 million ($815.5 million) to the IMF due on May 12. Before that, about €203 million is due on May 1st. However, the PM made it clear that he values keeping Greece running over paying back creditors.

“Our priority is our responsibility towards society, it is [paying] pensions and salaries,” the Prime Minister said.

Read the full story at: www.rt.com / link to original article