Europe fails to seal Greek deal in clash with IMF
European finance ministers failed to agree on a debt-reduction package for Greece after battling with the IMF over how to nurse the recession-wracked country back to fiscal health.
European finance ministers failed to agree on a debt-reduction package for Greece after battling with the International Monetary Fund over how to nurse the recession-wracked country back to fiscal health.
With creditors led by Germany refusing to put up fresh money or offer debt relief, the finance chiefs were unable to scrape together enough funds from other sources to help alleviate Greece’s debt burden, set to hit 190 per cent of gross domestic product in...
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