Author Topic: Too much austerity: IMF  (Read 3627 times)

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Offline Maik

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Too much austerity: IMF
« on: Tuesday, 13 December, 2016 @ 16:45:25 »
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IMF: Greece Doesn’t Need More Austerity, Cuts Went Too Far

IMF chief economist Maurice Obstfeld, and European Department Director Poul Thomsen, who has been heavily involved with the negotiations with Greece, used the blog to defend the IMF against misinformation they say “turns the truth upside down.”

“The IMF is not demanding more austerity,” they said. “We have not changed our view that Greece does not need more austerity at this time. Claiming that it is the IMF who is calling for this turns the truth upside down.”
http://www.breitbart.com/london/2016/12/13/imf-greece-doesnt-need-austerity-cuts-went-far/

Offline Maik

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Re: Too much austerity: IMF
« Reply #1 on: Tuesday, 13 December, 2016 @ 16:52:44 »
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Greek program is reliable, says EU spokeswoman in response to top IMF officials' statement

The Greek bailout program was completely reliable, a spokesperson for the European Commission said Tuesday, in response to comments made by top IMF officials Maurice Obstfeld and Poul Thomsen on Monday.
http://www.ekathimerini.com/214528/article/ekathimerini/news/greek-program-is-reliable-says-eu-spokeswoman-in-response-to-top-imf-officials-statement

Offline Maik

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Re: Too much austerity: IMF
« Reply #2 on: Thursday, 15 December, 2016 @ 12:43:01 »
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The Eurogroup is the real villain in Greece today, not the IMF

When Greece finally leaves the euro it will happen almost imperceptibly, with a collective yawn and a fatalistic shrug of the shoulders.

The electrifying drama has switched to Italy, France, and now Germany, where a pillar of the establishment has just suggested that the only way to save Europe from its "catastrophic condition" is for his country to return to the Deutsche Mark.

“We shouldn’t think so much about whether Greece can be saved. We should be asking whether it's not more logical for Germany to leave the eurozone  to save the EU,” said Roland Berger, the founder of Germany's top consulting giant.
http://www.telegraph.co.uk/business/2016/12/14/eurogroup-real-villain-greece-today-not-imf/

Offline Maik

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Re: Too much austerity: IMF
« Reply #3 on: Thursday, 15 December, 2016 @ 12:49:30 »
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Greece's row with eurozone deepens as creditors halt debt relief

Greece's creditors have suspended a debt relief deal for Athens after the country's leftist prime minister announced a series of spending increases in defiance of Brussels' austerity demands.
http://www.telegraph.co.uk/business/2016/12/14/greeces-row-eurozone-deepens-creditors-halt-debt-relief/