(MENAFN- Saudi Press Agency) Greece will not be able to make a payment to the International Monetary Fund that falls due on June 5 without a deal with its international lenders, the government's parliamentary speaker said on Wednesday, Reuters reported.
Athens faces several payments totaling about 1.5 billion euros ($1.7 billion) to the IMF next month and is in talks with the European Union and the International Monetary Fund to clinch a cash-for-reforms deal before it runs out of money.
'Now is the moment that negotiations are coming to a head, now is the moment of truth, on June 5,' parliamentary speaker Nikos Filis, from the ruling Syriza party, told ANT1 television.
'If there is no deal by then that will address the current funding problem, they won't get any money,' he said.
Without access to debt markets or aid, the government has found itself locked in tough negotiations as coffers run dry.
A payment of about 750 million euros to the IMF last week was only made after emptying a holding account at the Fund.
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