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2016-05-20

The International Monetary Fund’s latest recommendations on Greek debt relief have leaked. FT Alphaville

Yesterday, ahead of the latest meeting of eurozone finance ministers on May 24, the IMF repeated it would take part in Greece’s €86bn bailout only if its European partners could prove “the numbers add up”.

Without any debt relief measures at all, the IMF’s analysis calculates Greece’s debt pile will soar to 294 per cent of GDP in 2060.

By Mehreen Khan in London, 20 May 2016

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