Sunday, 22 July 2012

 

Der Spiegel, IMF wants to halt aid to Greece

11:20 22 LUG 2012 

(AGI) Berlin - The International Monetary Fund wants to halt economic aid to Greece. Der Spiegel writes that senior IMF figures have already informed EU authorities of their intention. In consequence Greece is likely to default in September. Currently, the troika of the IMF, EU and ECB is examining the way in which Athens is implementing the agreed reform programme, but according to the Hamburg based magazine 'it seems clear that the Greek government will not manage to reduce public debt to 120% of GDP by 2020'.

http://www.agi.it/english-version/business/elenco-notizie/201207221120-eco-ren1028-der_spiegel_imf_wants_to_halt_aid_to_greece