To read this content please select one of the options below:

All sides set conditions for Greek debt breakthrough

Thursday, April 13, 2017


The IMF insists that Greece’s debt must be made sustainable before it will again participate in programme financing. Yet IMF participation is required if the bailout plan is to proceed, German Finance Minister Wolfgang Schaeuble says; the Fund and the euro-area remain at odds over debt relief. Greece will need the next loan tranche by June to make debt repayments in July to private investors, the ECB, IMF and European Investment Bank.


  • Germany, which faces federal elections this September, will accept no further debt relief until after the third bailout has concluded.
  • The IMF is under pressure from developing countries to end its involvement in financing a first world EU member state.
  • The package being finalised will probably not encounter any serious resistance from within the ruling Syriza party.

Related articles

Expert Briefings logo
Stay up to date
Sign up to the Expert Daily Briefings email alert and receive up-to-the-minute analysis of global events as they happen.
*If your university does not have access to Expert Briefings, visit our information page to find out more.