Skip Navigation
NPR News

IMF May Allow Some Flexibility In Greece's Debt Plan

Nov 23, 2012 (Morning Edition) — The International Monetary Fund is reportedly close to approving a deal that would give Greece more flexibility in its efforts to cut its massive debt burden. This will give Greece more time and allow a higher debt-to-GDP ratio than it had agreed on before, according to Reuters. And it should clear the way for the Greek government to get the next round of much needed financial assistance, which is seen as crucial to boosting a flagging European economy.

Hear this

This text will be replaced
Launch in player

Share this

Explore this

Reported by

Related Topics at

Read full story transcript

Missing some content? Check the source: NPR
Copyright(c) 2014, NPR

Visitor comments


NCPR is supported by:

This is a Visitor-Supported website.