Germany expects continued IMF aid for Greece - News Summed Up

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Germany expects continued IMF aid for Greece


BERLIN — Germany has said that it expects the International Monetary Fund to continue participating in the bailout for debt-stricken Greece, despite the lender’s doubts on the issue. Ahead of key talks over the Greek debt saga, German Finance Minister Wolfgang Schaeuble told ARD public television he was "starting from the principle" that the Washington-based IMF would carry on supporting Greece alongside the eurozone. Concerns over Greek debt have been rising in recent weeks, sparking fears of another eurozone crisis. "I think there is a good chance that we will have a solution with the participation of the IMF." It has demanded the eurozone reduce the debt burden to make the repayments more sustainable.


Source: Viet Nam News February 20, 2017 04:33 UTC



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