Economist Nouriel Roubini said he expects “pots of money” to be found to allow Greece to meet its payment commitments to the International Monetary Fund.
“Radical decisions like capital controls, like deposit freezes, like IOUs that have a lot of collateral damage, not just financially but also economic, can be prevented,” Roubini, chairman of Roubini Global Economics, said in an interview in Dresden, Germany, where he’s attending a meeting of G-7 finance chiefs.
Greece is scheduled on June 5 to make the first of about 1.6 billion euros ($1.74 billion) in IMF payments coming due in the next three weeks. Talks between Greek officials and the country’s international creditors over unlocking aid remain stalled.
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