IMF to Adjust Greek Aid Package on Worse Economy, Spiegel Says

Greece will not be able to bear its debt burden under the current restructuring plan because of a worsening economy, Der Spiegel said, citing an internal International Monetary Fund document.

IMF experts plan to adjust key points of the current rescue plan as part of the next Troika mission, set to start in mid- January, the magazine said.

Greece must do more to consolidate its finances, or private creditors must write off a larger share of their claims or euro area countries have to add more funding, Der Spiegel cited the IMF document as saying.

To contact the reporter on this story: Cornelius Rahn in Frankfurt at crahn2@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net

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