As the international policy towards Greece does not change, that country will never be the case. This warns the International Monetary Fund in a still-confidential report in the hands of the Financial Times.
The Greek debt are in the long term, “explosive” and “untenable”, in the report. Up to 2060 would the national debt rise to almost three times the gross domestic product of Greece.
The reform programmes that are under pressure from the EU on progress made, according to the IMF is not sufficient. The EU imposed stringent austerity in Greece would have a contrary effect.
The organization calls on the euro area to do a lot more to the debt of Greece to alleviate. Only then can the Greek economy according to the IMF, out of the valley climbing. The European Union is so far against the cancellation of the debt.
The report is drawn up in preparation for a meeting of the IMF on 6 February. Than is spoken about a possible contribution from the IMF to the new European aid for Greece. The IMF, according to its own rules without any financial support as that in advance of if no chance is given.
If the IMF does not want to contribute financially, this has large consequences. Including the Netherlands and Germany propose the participation of the IMF as a condition for giving aid to Greece.
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