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Dutch Say Greek Program Involvement Hinges on IMF Support

  • IMF, euro-area creditors disagree on Greek fiscal targets
  • Greek bond yields rose to the highest level since September
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Greece’s Prime Minister Tsipras Grapples With Austerity

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The Netherlands won’t maintain participation in the Greek bailout if the International Monetary Fund withdraws its support, raising the stakes in a quarrel between the fund and the nation’s European creditors over how to implement an aid package.

“IMF involvement is necessary,” Jeroen Dijsselbloem, Dutch finance minister, told lawmakers on Wednesday in The Hague. “The majority in parliament is very clear, that if the IMF will not take part or withdraws, then support for the program will be lost.”