Thursday, July 14, 2011

IMF Sees Longer Greek Downturn


Greece must press ahead with its fiscal reform and privatization agenda in a timely and determined manner in order to bring its debt back to sustainable levels, the International Monetary Fund said Wednesday.

"There's no room for slippages," said Poul Thomsen, deputy director of the IMF's European Department and mission chief to Greece, in a conference call with journalists.


WSJ