Sunday, July 17, 2011

IMF says that huge Greek debt 'on knife edge


Greece's enormous debts are sustainable but on a "knife's edge," according to the International Monetary Fund.

A 110bn-euro (£96bn) rescue package for Greece is being implemented but investors still fear a default.
Given the situation, Greece must stick to its reform programme, IMF Athens mission chief Poul Thomsen said.


BBC