Marketplace®

Daily business news and economic stories

IMF issues warning over Greek debt

Greece is about to default on its bonds — again.

The IMF said Greece’s debt load has reached unsustainable levels and said it will cut off funding. It’s a headache for the European Union, but because Europe has so much else on its mind right now, the Greeks will probably get a pass this time round.

Click the audio player above for the full story.

Related Topics