IMF: Greek debt relief still needed after bailout deal - Reuters

Citing an IMF spokesman, Reuters in a recent report said: "a deal between Greece and its international lenders for more fiscal reforms settles one issue that has blocked the International Monetary Fund's financial participation in the bailout, but debt relief is still needed."
Key quotes:
- The Greek authorities have confirmed their intention to swiftly implement this policy package
- This preliminary agreement will now be complemented by further discussions in the coming weeks on a credible strategy for ensuring that Greece's debt is sustainable
Author

Eren Sengezer
FXStreet
As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

















