• IMF denied that it push for large-scale debt haircut in negotiations for emergency financing for Greece in Riga last month

Market news

6 May 2015

IMF denied that it push for large-scale debt haircut in negotiations for emergency financing for Greece in Riga last month

The International Monetary Fund (IMF) said on Tuesday that IMF officials didn't push for large-scale debt haircut in negotiations for emergency financing for Greece in Riga last month.

"IMF European Department Director Poul Thomsen pointed to the trade-off that needs to be made in reaching agreement in the current discussions," the IMF said.

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