You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

IMF Chief Calls for “Significant” Debt Relief for Greece

HeadlineAug 17, 2015

The head of the International Monetary Fund has called for European creditors to provide “significant” debt relief to Greece, after Greek lawmakers accepted harsh austerity measures to secure their third bailout in five years. IMF Managing Director Christine Lagarde said Greece’s debt is unsustainable. She refused to commit the IMF to joining the bailout until it has had a chance to review the deal. Meanwhile, Greek Prime Minister Alexis Tsipras appears likely to call a confidence vote after nearly a third of lawmakers from his own left-leaning Syriza party abstained or voted against the bailout.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top