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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.

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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

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