Pages

Thursday, July 16, 2015

IMF won't be part of first tranche of planned third Greek bailout

German Finance Minister Wolfgang Schaeuble said in a letter to the president of Germany's Bundestag lower house of parliament that the International Monetary Fund would not be involved in the payment of a first tranche of a planned third Greek bailout. The letter said the IMF would make its further involvement dependent on a successful conclusion of the first programme review in autumn 2015 and a confirmation of Greece's debt sustainability.


READ THE ORIGINAL POST AT uk.news.yahoo.com