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Thomsen Warns IMF Greece Participation Linked To Revised DSA

From mninews.marketnews.com

The International Monetary Fund's European Division head, Poul Thomsen, said Wednesday that the Fund will decide whether it will participate in Greece with a full new program at the end of the year and only after a revised Debt Sustainability Assessment is drafted. Speaking at a press conference after the end of an 11-hour long Eurogroup meeting here, Thomsen said that "all sides had to compromise," including the IMF, which backed down from its stance that all debt measures should have been defined in detail in advance. "We stress one point here where I think that we on behalf of the IMF have made a major ... (full story)

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