IMF Plans to Cut its Share of Greek Aid Package, Bild Reports

The International Monetary Fund no longer wants to fund a third, or 30 billion euros ($40 billion), of the upcoming aid payments to Greece because of the country’s failure to implement reforms, Bild-Zeitung reported, without saying where it got the information.

The IMF has held internal discussions on complete withdrawal from the aid program for Greece, the newspaper said.

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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