Greece Points Finger at the IMF for Holding Up Bailout Review
- Greek finance chief says Washington-based lender is isolated
- Tsakalotos says he's `aghast' at delay in more aid payouts
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Greece accused the International Monetary Fund of unreasonably delaying the disbursement of more aid to the country, saying the stance risks derailing the Greek economy.
Finance Minister Euclid Tsakalotos said the IMF disagrees with Greece’s other international creditors on budget measures needed for more funds to be released under an 86 billion-euro ($93 billion) rescue approved seven months ago. He said the IMF is pressing for extra fiscal cuts to ensure Greece reaches a 3.5 percent budget surplus excluding interest payments in 2018.