Imf On Greece: ‘no Room For Slippage’

A new International Monetary Fund assessment of Greece paints a tough picture of its ability to carry out a recently approved economic program, casting further doubt on the ultimate success of Europe’s $160 billion bailout of the country. In a staff report released Wednesday, the IMF noted that the country was already facing a harsher and longer recession and higher unemployment than initially forecast, forcing it ever deeper into debt. Although the IMF recently agreed to lend the country more money under the terms of an initial emergency loan program established last year, the latest staff review harbored no illusions that a crisis that has roiled world markets for 18 months will end anytime soon. Read full article >>

Topics:  international monetary fund   greece   europe s   read   imf   country   staff   program   

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News