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Sunday, October 12, 2014

Greek leaders to tell Christine Lagarde they want an end to IMF aid

Largest rescue programme in global financial history had aimed at preventing debt crisis from spreading through the eurozoneGreek leaders will tell the International Monetary Fund (IMF) that the crisis-stricken country can quit its multi-billion-dollar rescue programme more than a year early when officials meet the bodys managing director in Washington on Sunday.The Greek finance minister, Gikas Hardouvelis, will argue in talks with the IMF boss, Christine Lagarde, that Athens can do without further loans provided by the Washington-based lender of last resort that have propped up the countrys economy since it came close to crashing on a mountain of deficit and debt in 2010. Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com