Telegraph.co.uk | Merkel's day of reckoning as taxpayer haircut on Greece looms Telegraph.co.uk They have lent money, at a theoretical profit. They have issued a fistful of guarantees to Europe's twin bail-out funds, covering Greece, Ireland, Portugal, Spain, and soon Cyprus. They have taken on opaque and potentially huge liabilities through the ... IMF urges permanent solution for Greece Euro zone, IMF make progress on Greece: Juncker Lagarde to Defend IMF Credibility in Euro-Area Talks on Greece |