It looked pretty much like Greece had a deal with its European partners and the International Monetary Fund, but that's now been thrown into doubt with a massive decision from the IMF board. The Financial Times' Peter Spiegel got his hands on documents from the institution showing that they won't sign off on the deal since there's no explicit agreement to deal with Greece's debt. Here's the most important part from the FT: According to a four-page “strictly confidential” summary of Wednesday’s board meeting obtained by the Financial Times, IMF negotiators will “participate in policy discussions” to ensure the eurozone’s new bailout “is consistent with what the Fund has in mind”. But they “cannot reach staff level agreement at this stage.” The Fund will only decide whether to participate during a “stage two” after Greece has “agreed on a comprehensive set of reforms” and, crucially, after eurozone bailout lenders have “agreed on debt relief”. The involvement of the IMF in the deal is crucial for some European countries, especially Germany. We'll have more on this story as it breaks.Join the conversation about this story » NOW WATCH: This is how rapper 50 Cent made millions and then lost it
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