Top euro zone and International Monetary Fund officials will discuss debt relief for Greece early on Friday, on the sidelines of a meeting of G7 finance ministers and central bankers in the Italian city of Bari, officials said.
The meeting is to help determine how euro zone lenders, who hold half of Greek public debt, should firm up their conditional promise of debt relief for Greece from last year to satisfy the International Monetary Fund.
The IMF has made debt relief for Greece a condition for its participation in the latest bailout for Athens, the third one since 2010. Several euro zone governments, led by Berlin, want the IMF to participate for credibility reasons even though they disagree wi…
Read the full article at: http://www.hellenicshippingnews.com/euro-zone-lenders-imf-to-discuss-greek-debt-relief-on-friday/