IMF's Lagarde: No payment delay for Greece

April 16, 2015 5:50 PM

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WASHINGTON —The head of the International Monetary Fund said Thursday the group will not allow Greece to delay payments it's scheduled make next month as part of its massive bailout.

"Payment delays have not been granted by the board of the IMF the last 30 years," Managing Director Christine Lagarde said at a news conference during the IMF-World Bank spring meetings here. "We have never had an advanced economy asking for a payment delay."

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