FIRST AIRED: May 23, 2017

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

×

Transcript

00:00:00
greece has made its latest payment to the i. m. f. but market concerns continue as a deal for the country remains elusive before it runs out of cash , unreported ibrahim process at the athens stock exchange , obviously all this continuing uncertainty is affecting the markets , and the fact that creases managed to make it's i am f. payments until now has done little to improve the moon , and that is because the focus is on may twelfth where greece has a large i am payment to make and it has signaled its going to have problems making payment , greece will need seven hundred and fifty million euros for that next payment but ongoing negotiations with lenders have hit a brick wall , greek officials say they have made concessions but sticking points remain over pension and labor reforms , but now we can officials claim they're even disagreements emerging between the e. u. n. i. m. f. over the reforms , suggesting lenders are hindering a compromise , but european officials to greece is not making enough concessions and the d. o. looks out of reach before meeting of the u. finance ministers on may eleventh , one day before the crucial i am f. payment , greek government ministers are now traveling through europe trying it again to gain support for the release of financial aid before athens runs out of money , in announced this week it is desperate for liquidity , the political uncertainty prompted the european commission to slash its forecast for greece's economic growth this year , to half a percent from two point five percent , just three months ago