“No progress”: IMF walks out of bailout talks with Greece

“No progress”: IMF walks out of bailout talks with Greece

International Monetary Fund representatives have cut short negotiations with Greek officials in Brussels, after they failed to present a viable reform plan. The move has left Athens, due to repay €1.6 billion by the end June, on the edge of default.

“The ball is very much in Greece’s court,” IMF spokesman Gerry Rice told the media during a specially scheduled announcement, before his team returns to Washington.