European media report that the IMF sees Greek debt unviable in long term
A flurry of reports in the European press notes the IMF's doubts on whether the Greek debt is sustainable in the long run.
- Published in Greece
A flurry of reports in the European press notes the IMF's doubts on whether the Greek debt is sustainable in the long run.
After the disappointing news from the European Central Bank President, Mario Draghi, yesterday who ruled out the inclusion of Greece in the quantitative easing (QE) and the continued supply of cheap liquidity to Greek banks after August 20th, the International Monetary Fund is convening on Friday afternoon in its Washington headquarters to decide whether the Greek debt is sustainable.
The Eurogroup issued the following statement on Greece on Friday, after the conclusion of its meeting: