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Thursday, July 9, 2015

IMF's Lagarde says debt restructuring needed

(Reuters) - Following is the latest news on Greece's debt crisis after euro zone leaders set Athens a deadline of the end of the week to come up with convincing reform proposals. 2008 - IMF chief Christine Lagarde reiterates that Greece's massive debt will need restructuring, something Germany is resisting. 2003 - Greek banks will remain closed for the rest of the week and a 60-euro per day ATM withdrawal limit will remain in force, Greek state television reported.


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