Greece denies report that it is preparing for debt default

April 13, 2015 6:16 PM

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ATHENS, April 13 (Reuters) - Greece denied on Monday a report by the Financial Times that it was preparing for a debt default if it did not reach a deal with its creditors by the end of the month.

The Financial Times reported that Athens planned to withhold loan tranches totalling 2.5 billion euros to the International Monetary Fund due in May and June if it failed to reach a deal on reforms with its creditors by the end of April.

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