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Thursday, August 20, 2015

Germany wants IMF involved in Greek bailout for reform rigour

By Paul Carrel BERLIN (Reuters) - Germany wants the International Monetary Fund involved in Greece's new bailout because of the economic rigour it brings more than for any financial help, government sources said on Thursday. The Washington-based fund says Greece's debt is not sustainable and that it does not want to participate unless there is some debt relief. On Wednesday, however, German Finance Minister Wolfgang Schaeuble, described IMF involvement in the programme as "indispensable".


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