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Tsipras to IMF: Stay out of next bailout

Dec. 21, 2015 3:13 AM ETGlobal X MSCI Greece ETF (GREK)GREKBy: Yoel Minkoff, SA News Editor2 Comments
  • Greek prime minister Alexis Tsipras is pushing for the International Monetary Fund to stay out of the country’s €86B third bailout, leaving the eurozone to take full responsibility for overseeing economic reforms.
  • The assertion risks alienating the IMF, which is a strong advocate of debt relief for Athens, and is likely to anger the German government, which has always insisted the fund stay on board.
  • The IMF will likely decide whether to stay involved in the bailout early next year.
  • ETFs: GREK

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