Costly Greece IMF says lenders need to ?forget? about ?7.4bn of its loans

Greece Eurozone governments should be prepared to write off big chunks of their loans to Greece, around about EUR7.4bn within the next two years, according to the IMF. To make Greek debt manageable, the country's lenders may be forced to accept big losses on their aid to the Athens, the International Monetary Fund (IMF) told in its fourth review of Greece's performance under an ...

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