Debt relief

IMF's Lagarde not sure yet about debt relief for Greece

It is not clear yet whether Greece needs debt relief, according to International Monetary Fund managing director Christine Lagarde.

“I would not pass judgment on whether or not debt relief is or is not needed or what form the European support will take,” she told journalists in a briefing on Tuesday. “I think the jury is out.”

Greece gears up for debt talks


 Stournaras to put forward suggestions on how to reduce annual repayments at Monday’s Eurogroup

Finance Minister Yannis Stournaras is due to ask his eurozone counterparts Monday to begin considering further debt relief for Greece, with the government already having drafted a number of options to reduce the repayments the country faces in the years to come.

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