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  • Mardas dismisses rumors of a Greek default by Thursday as “nonsense”

    The Alternate Minister of Revenue Dimitris Mardas used strong language in dismissing rumors being circulated that the Greek…

    The Alternate Minister of Revenue Dimitris Mardas used strong language in dismissing rumors being circulated that the Greek government may miss loan payments.

    Mr. Mardas argued that the rumors of a Greek default by Thursday – which began circulating on occasion of the Euro Working Group – were “nonsense”, while stressing that the government will pay off its obligations by the end of the month.

    In a post on his facebook account, the Alternate Minister explained that aside from the IMF payment, there are no other obligations towards third parties (such as the IMF and ECB) for April. He also insisted that wages and pensions would be paid out normally.

    Additionally, Mr. Mardas noted that the Greek government’s negotiations with the creditors have not ended and estimated that “we have left the worst behind us”.

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