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> The IMF themselves have said that Greek debt is unsustainable and a significant haircut is needed (although their head Lagarde ignores their analysts). This
by g4k 11y ago
> The IMF themselves have said that Greek debt is unsustainable and a significant haircut is needed (although their head Lagarde ignores their analysts).
This is actually not true. Based on the 2nd bailout terms from 2012 Greece doesn't have to pay interest on the loans until 2023 and does not have to start paying them back for the next 27 years.
- Al-Khwarizmi 11y agohttp://www.theguardian.com/business/2015/jul/02/imf-greece-needs-extra-50bn-euros http://www.theguardian.com/business/2015/jul/02/imf-greece-n...