IMF owns up to blunders in first Greece bailout but passes the buck to Europe

(48 mins ago) The International Monetary Fund admitted significant failures in the first Greek rescue that forced a second, larger bailout and left the country in a deep recession. However, the global lender placed much of the blame on its Greek and European partners, saying they were unprepared for the crisis and the harsh choices – including a deep debt restructuring – that may ...

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