Greece won't pay its IMF debt due today, says French minister

Greece will not pay a 1.6 billion euro debt installment to the International Monetary Fund due on Tuesday, but Athens still holds out hope of a last-minute deal with creditors on an aid package, Finance Minister Yanis Varoufakis said. [caption id=“attachment_2319174” align=“alignleft” width=“380”] Reuters[/caption] Asked by a reporter if Greece would make the payment on Tuesday, Varoufakis replied: “No”. On the possibility of an 11th hour aid deal with international creditors - with the current program expiring on Tuesday - Varoufakis said: “We hope so”. Reuters