From Greece’s Finance Minister just moments ago…
“On the 5th of June we will make our IMF payment as usual, because by the 5th of June we will have a deal.”
Default avoided? Grexit avoided? One German source thinks so.
A senior German official, speaking on condition of not being named, said it was encouraging that Greece had signalled its desire to meet the looming debt obligations.
“I find it encouraging, if it is true, that the Greeks signalled yesterday their desire to repay the 300 million euros to the IMF on June 5,” the official said.
“I think there is reason to believe that we will not be talking about a default situation around June 5, neither before or immediately thereafter.”