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Exclusive: IMF, EU clash over Greece's bailout prospects

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  • Exclusive: IMF, EU clash over Greece's bailout prospects

    "The problem is not between the IMF and Athens, it's between the IMF and the EU," one Greek official said, speaking like others on condition of anonymity. That view was confirmed by sources familiar with thinking in Brussels and Washington.
    "The IMF wants Europe to come up with a comprehensive solution to its problems now."
    Amid European political wrangling, the Fund, whose biggest shareholders are the United States and Japan and also include the likes of China, Russia and Saudi Arabia, believes a debt restructuring is now essential for Greece to meet its goals - although IMF officials say no formal proposal has yet been made.

    http://news.yahoo.com/exclusive-imf-...WE2Mw--;_ylv=3
    Last edited by SAT; 09-26-2012, 09:10 AM.
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