EU Commission, IMF at odds over timing of Greek debt restructuring


  • World
  • Thursday, 06 Jun 2013

BRUSSELS (Reuters) - The European Commission on Thursday rejected the International Monetary Fund's view that lenders mishandled the first Greek bailout in 2010 by allowing Athens to delay a debt restructuring to 2012.

The Commission - which together with the IMF and the European Central Bank forms the Troika that prepared the bailouts of Greece, Ireland, Portugal, Spain and Cyprus - said tackling a restructuring in 2010 would have been wrong.

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