By hesitating to play a full financing role in the latest bailout program for Greece, the International Monetary Fund risks alienating both the Greek government and its European partners. Yet the institution’s approach isn't just warranted; it could well hold the key to the success of the challenging task of restoring Greece's growth and financial viability within the euro zone. The IMF, although willing to join in the creditor negotiations with Greece, has indicated that its willingness (indeed, ability) to participate in a new funding arrangement depends on progress on some important and long-standing unfinished ... (full story)