IMF Proposal on Greece Sets Up Battle With Germany

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Demands to let Greece skip payments on bailout loans for decades go far beyond what European creditors have said they are willing to do.

By MARCUS WALKER
Updated May 17, 2016 1:18 p.m. ET

 

BERLIN—The International Monetary Fund is demanding that Europe free Greece from all payments on its bailout loans until 2040, in the opening bid of a struggle that pits IMF math against German muscle.

Read the full article here: http://www.wsj.com/articles/imf-wants-eurozone-debt-relief-for-greece-until-2040-1463468493