IMF Pushes for Greek Debt Relief Until 2040

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(Greece) – The International Monetary Fund, or IMF, says that Greece will need debt relief until 2040 in order for the nation to experience future economic growth. Officials at the IMF are calling for creditors to ease up on requiring Greece to pay the interest and principal on its bailout loans until 2040. The organization believes that this moratorium will help heal Greece’s struggling economy.

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