Fitch: ECB Response Would Be Key if Greece Missed IMF Payment

April 24, 2015 9:19 AM

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(The following statement was released by the rating agency) LONDON, April 24 (Fitch) The response of the European Central Bank would be key to the consequences of a missed payment by Greece to the IMF, Fitch Ratings says.

We still see a last-minute deal to secure fiscal funding from Greece's creditors as the most likely outcome, but the risk of a missed payment cannot be discounted. ECB executive board member Benoit Coeure said this week, in response to a question about the consequences of a possible missed IMF payme...

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