Top euro policymakers at odds over Greek debt fix
From ekathimerini.com
The European Union's top economic official sought to rule out any write-off of Greece's debt to governments on Thursday after a European central banker said for the first time that a haircut on part of it was probable. A row between eurozone governments and the International Monetary Fund over how to make Greece's giant debt mountain manageable is holding up the release of 31 billion euros ($39.5 billion) in emergency loans needed to keep Athens afloat. IMF officials have argued privately that some write-down for eurozone governments is necessary to make Greece solvent but Germany, the biggest contributor to the ...
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