Greece Points to June IMF Payment as Next Cliffhanger

Greece's Prime Minister Alexis Tsipras. Photographer: Kostas Tsironis/Bloomberg

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The Greek government is priming investors for another cliffhanger on June 5.

While Greek Prime Minister Alexis Tsipras’s spokesman Gabriel Sakellaridis insisted on Monday that the government will pay salaries and pensions due at the end of this month, he refused to be drawn in on whether the administration will be able to find the roughly 300 million euros ($329 million) it’s due to pay the International Monetary Fund at the end of next week.