View full page at forexfactory.com

 

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 ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News