Greece defaults on IMF payment despite last-minute overtures to creditors

Greece's last-minute overtures to international creditors for financial aid on Tuesday were not enough to save the country from becoming the first developed economy to default on a loan with the International Monetary Fund.

Greece defaults on IMF payment despite last-minute overtures to creditors source: http://finance.yahoo.com/news/greece-defaults-imf-payment-despite-013243561.html