Lighten the load

Meaningful debt relief for Greece needs to happen: without it, the Greek crisis cannot end. And it is in the interest of creditors, since the better Greece’s growth prospects inside the eurozone and the lower the risk of a renewed crisis, the greater the amount that will eventually be repaid. The IMF should not let the Europeans off the hook, and stand firm on its demands for debt relief.

ESO: Background information: The Greek debt crisis: Key sources http://www.europeansources.info/record/the-greek-debt-crisis-key-sources/

IMF: IMF and Greece http://www.imf.org/external/country/grc/

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