· Updated January 15, 2025 11:59 PM · 1 min read read
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WASHINGTON (AP) — The International Monetary Fund official cannot participate in another Greek bailout until Greece and its creditors make difficult decisions on economic reforms and debt relief, a fund official said Thursday.
Briefing reporters on condition of anonymity, the official said Greece needs to commit to reforms and creditors must provide debt relief – extending loan terms or reducing the debt outright – that will allow Greece to pay its bills over time. "It's always been clear the I
WASHINGTON (AP) — The International Monetary Fund official cannot participate in another Greek bailout until Greece and its creditors make difficult decisions on economic reforms and debt relief, a fund official said Thursday.
Briefing reporters on condition of anonymity, the official said Greece needs to commit to reforms and creditors must provide debt relief – extending loan terms or reducing the debt outright – that will allow Greece to pay its bills over time. "It's always been clear the I…