GREEK DEBT

German Finance Minister Scholz said that decisions on Greek debt would be taken at the end of June, adding that positive developments in Greece exceeded expectations, possibly implying that Greece will get less generous debt relief measures. Recall that senior officials said a couple of days ago that without a deal on debt by next Monday (note that last minute negotiations between the IMF and the Eurozone will take place during the weekend on the sidelines of the G7 meeting in Canada), the IMF would most likely not take part in the bailout programme at all.

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