Editorial Board

The IMF Is Right About Greece

Any plan to resolve its financial crisis has to involve debt relief.

The Greek debt crisis will do that to you.

Photographer: Adam Berry/Getty Images

Europe's finance ministers are due to meet Monday in an effort to break the impasse over Greece and its debt. What ought to happen was spelled out last week in a leaked letter from the head of the International Monetary Fund to the group. It wasn't what the ministers wanted to hear.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.