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Is the IMF Closing the Tap for Greece?

posted by Avatar forexcrunch 216 days ago in USD, EUR

Christine Lagarde, the managing director of the IMF, is showing her bold approach once again. Reports are emerging that the IMF threatens to deny further aid to Greece unless a 50% haircut is agreed with the private sector.

IMF programs usually consist of restructuring of debt among other measures. In Greece’s case, the opposition of France and t
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