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Spiegel: IMF to provide no new funds to Greece
The German news magazine Spiegel reports that the IMF has told the EU it will provide no additional funds for Greece. The report has sparked fresh fears that Greece could fall into bankruptcy by the autumn. A report by a German news magazine on Sunday sparked fresh concerns about the possibility of Greece being forced into insolvency. In an article published on its website, Spiegel cites unnamed senior European Union sources in Brussels who told the news magazine that the International Monetary Fund (IMF) had signaled it would not contribute to any further aid for Greece. According to the report, this makes the ... (full story)
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