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The IMF in a 3 page paper warns that Greece's debt is not sustainable except by refinancing it at the cheapest rates and extending the maturity over an extended period such as 30 years. The alternative is for a debt haircut, says the IMF paper. Germany says it will consider extending the date maturity after implementation of reforms.
Grouped Articles
IMF Warns Eurozone That Greece Needs Far More Debt Relief
Wall Street Journal 07.15.2015
How to Undo the Damage in Greece
New York Times 07.06.2015
Personalities Clashing Over How to Handle New Greek Bailout
New York Times 07.23.2015
The Greek Debt Deal’s Missing Piece
New York Times 08.15.2015
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