IMF Lagarde says 'no period of grace' for Greek debt payment

FXStreet (Córdoba) - IMF Chief Christine Lagarde said that June 30th is the final deadline for Greece and there is no period of grace to extend the deadline for the €1.6 billion repayment.

Lagarde said Greek program needs to be credible and that is imperative a pension system reform.

Greek officials, including PM Tsipras, have reiterated they are willing to make concessions, but not to cut pensions.