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IMF Says Greek Debt Numbers Don't Add Up as EU Defends Its Plan

  • Lagarde says country's debt not sustainable; relief needed
  • Dijsselbloem says euro area has already eased debt burden
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IMF Says Greek Debt Figures Don’t Add Up

The International Monetary Fund raised doubts about Greece’s ability to keep up repayments under a plan being negotiated with its European creditors, who insisted they’ve already provided plenty of debt relief.

“Currently, as envisaged, the debt is not sustainable and what is required is a debt operation,” IMF Managing Director Christine Lagarde said Thursday in Washington, where finance ministers and central bankers are attending the fund’s spring meetings.