Article source
Foreign Policy
Article date
Mon, Jun 5, 2017
The International Monetary Fund just offered Germany a face-saving compromise on the question of Greek debt.
Ahead of a key June 15 meeting of EU finance ministers, and a month before Greece owes a $7.8 billion repayment to its European creditors, IMF chief Christine Lagarde told the German business newspaper Handelsblatt her bank is once again on board with a bailout for the troubled southern European economy — provided Greece’s creditors can find some way to offer Athens debt relief. IMF funding would be conditional on easing conditions on Greece, she said.