Key debt relief talks fail to result in deal, leaving IMF role in doubt

EconomyProgramme Tags: Debt, Eurogroup, IMF

A meeting of Greece’s key lenders on Saturday failed to result in an agreement on the debt relief package that is due to be tabled at the June 21 Eurogroup, leaving diminishing chances of the International Monetary Fund being involved in anything more than a technical capacity in the future.

The gathering of the Washington Group was seen as possibly the last chance to bridge the gap between the IMF and Germany over the terms of Greek debt relief but the indications from the meeting at the sidelines of the G7 summit in Canada were that there...

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