The IMF remains sceptical about Greece’s ability to meet the ambitious budget surplus targets and continues to seek assurances that eurozone governments would agree to restructure Greek debt — mostly now held by EU creditors — if a credible reform programme is not implemented.
Financial Times 2 June 2015
http://www.nejtillemu.com/imfeuro.htm#relented
News:
IMF is also frustrated that the European side has been unwilling to address the issue of Greece’s debt pile seriously.
According to the IMF’s calculations, putting the Greek economy on a sustainable path now requires — at the very least — an extension of the maturities on Greece’s outstanding debts.
But European officials, wary of public opinion, have been reluctant to discuss even that.
FT June 11, 2015
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