EU’s Juncker Confident IMF to Remain in Greek Aid Program
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The euro area and the International Monetary Fund will be able to work out a disagreement over the timeline for reducing Greece’s debt load, Luxembourg Prime Minister Jean-Claude Juncker said after the discord helped push the euro down for a fifth day.
“I am confident that the IMF will stay on board” with Greece’s aid program, Juncker said today in an interview in Hingene, Belgium. The IMF has contributed about one-third of 148.6 billion euros ($189 billion) in loans to Greece since 2010.