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Nine things to know about Greece’s IMF debt default

In a recent commentary article for The Conversation, Dr André Broome explains the political and economic consequences of Greece defaulting on its IMF loan after missing its scheduled repayment on June 30. As Dr Broome points out, this is the first time an advanced economy has ever defaulted on its financial obligations to the IMF, and will make it difficult, if not impossible, for Greece to continue to cooperate with its international creditors regardless of the result of its bailout referedum on July 5.

The commentary article is available to view at: https://theconversation.com/nine-things-to-know-about-greeces-imf-debt-default-44097

Other recent commentary by Dr Broome on the crisis in Greece includes:

‘Five Things You Need to Know About the IMF’s Stance on Greece’ (https://theconversation.com/five-things-you-need-to-know-about-the-imfs-stance-on-greece-43936)

‘The EU’s Deal on Greece Shows that Europe Remains Wedded to the Politics of Austerity' (http://blogs.lse.ac.uk/europpblog/2015/02/23/the-eus-deal-on-greece-shows-that-europe-remains-wedded-to-the-politics-of-austerity/)

Thu 02 Jul 2015, 11:02 | Tags: Staff Research Centre - CSGR Impact PhD Postgraduate Research

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