IMF can end its agony over Greece

Monday, May 20, 2013 Last Update: 12:33 AM ET

Community
Greece
Sports
International
USA
Cyprus
Opinions
Culture
Obituaries
Social
Classifieds

IMF can end its agony over Greece

LONDON. (Editorial Financial Times). The International Monetary Fund fought hard and successfully to join the eurozone governments and the European Central Bank when a rescue for Greece was launched more than two long years ago. It has not been a happy experience. The Greek economy has underperformed growth and debt targets and is now enmeshed in a post-election tangle. Unless there is a sharp reduction in the disarray and denial among the fund’s European co-lenders, it is time the IMF handed the reins

Already a subscriber?
Sign in to read full article.
Not a subscriber?
Subscribe now and get full access!

Or... enter your email and start reading this article now:

July 30, 2012

Save article

3 readers comments


1. Philip Vorgias wrote on July 30, 2012 10:26 AM	So say the British, who's sovereign currency is setting faster than the sun on the British Empire. Pound Sterling will be worth about 15 cents before the next decade is over with.

2. ARMODIOS PAPAGIANAKIS wrote on July 31, 2012 10:18 AM	The IMF should relax and just be a bit patient. With all the free market, wealth producing edicts, rules regulations and additional government oversight, which comprise your, and Basil’s. vaunted memorandum, and which the IMF helped to facilitate its implementation, Greece should have no problem growing its “battered and sclerotic economy”.

3. Philip Vorgias wrote on July 31, 2012 11:44 AM	Buzzkill, Armodios.
You must sign in in order to post a comment.