MOSCOW (Sputnik) — Nevertheless, she said, the IMF 'stands ready' for continuing talks with Greece and expects the debt payment to be made on June 30.
"I can no longer disburse to the benefit of Greece. Greece has no longer access to funding until it clears its arrears with the fund," Lagarde said in an interview with BBC.
Athens and its international creditors have been engaged in months-long tough negotiations on bailout program in exchange for reforms and austerity measures.
The country is due to repay $1.8 billion by Tuesday and agree to a new deal with the IMF, the European Central Bank and the European Union to unlock an additional $8 billion in extra funding.
