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Friday, June 7, 2013

IMF Admits to ?Notable Failures? in Greece Bailout




In a scathing internal self-assessment of its handling of the 2010 Greece bailout, the International Monetary Fund said Greece’s recession and unemployment problems were more severe than anticipated and admitted to putting the eurozone and the euro’s safety before the interests of Athens.






<p>In a scathing internal self-assessment of its handling of the 2010 Greece bailout, the International Monetary Fund said Greece&rsquo;s recession and unemployment problems were more severe than anticipated and admitted to putting the eurozone and the euro&rsquo;s safety before the interests of Athens.&nbsp;</p>



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