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IMF calls for 'unconditional' debt relief for Greece

May 24, 2016 4:29 AM ETGlobal X MSCI Greece ETF (GREK)GREKBy: Yoel Minkoff, SA News Editor14 Comments
  • The IMF is calling on European creditor nations to commit to "upfront unconditional" debt relief for Greece as part of an international rescue program for the debt-laden nation.
  • The statement comes ahead of today's Eurogroup meeting in Brussels that will discuss the issue, with the aim of agreeing on the next disbursement to Athens from an €86B bailout package hammered out last year.
  • ETFs: GREK
  • Previously: IMF wants debt relief for Greece until 2040 (May. 17 2016)

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