"Greece has made tremendous progress to implement wide-ranging painful measures over the past 2...

|By:, SA News Editor

"Greece has made tremendous progress to implement wide-ranging painful measures over the past 2 years," says IMF chief Lagarde following approval of €28B towards bailout #2. Another official says the IMF predicts Greece's debt/GDP ratio will drop from 165% at 2011's end to 116.5% in 2020 - a nice sense of humor there.