Jul
02
I.M.F. Agrees With Athens That Greece Needs Debt Relief
By
ATHENS — The International Monetary Fund, a big Greek creditor, conceded a point on Thursday that the Athens government has long been making: Without some reduction in the country’s staggering debt load, Greece has little hope of a sustained economic recovery.
It was a significant acknowledgment, and an indication that if or when bailout negotiations resume, Greece might win some relief from its debt of 300 billion euros, or about $330 billion. It just might not be relief granted to the leftist government of Prime Minister Alexis Tsipras…
I.M.F. Agrees With Athens That Greece Needs Debt Relief
