Greek Debt relief measures

A European official told the newspaper that there has been some convergence in views about Greek debt relief measures between the IMF and Germany, but there is no agreement yet. The main difference is that Germany wishes any debt-easing measures to be approved only after certain terms and conditions have been met, while the IMF insists that debt relief should be automatic and free from political pressures. On a positive note, it appears that the two sides have found a compromise about the extension of maturities to 8 years.

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