The Traderszone Network

Published in TZ Latest News 8 July, 2015 by The TZ Newswire Staff

IMF Slams Germany, Says Greece "Needs Debt Restructuring"

Earlier today, confirming that Germany sternly refuses to change its tune about a Greek debt haircut or even a debt “reprofiling” of Greece and would not budge an inch on Tsipras tacit request for at least some debt leeway, we reported that “the German government does not see any reason to grant Greece either a classic debt haircut or any other measures that would slash the value of money on loan to the crisis-ridden country, a spokesman for the finance ministry said on Wednesday.”

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