debts

page 4

Greece to default tomorrow

Greece to default tomorrow

The Greek government will not be able to pay the debt of $1.54 billion to the International Monetary Fund on June 30, resulting in a technical default. The government prevented the default today by paying 50,000 euros to the European Financial …

Armenian government debt about to hit $5 billion

Armenian government debt about to hit $5 billion

By the end of the year, Armenia's governmental debt will have reached $4.8-4.9 billion, according to Atom Janjugazyan, deputy minister of finances, head of the Treasury, ARKA reports. Armenia started the year with a debt of