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The International Monetary Fund is considering a conditional loan for Greece that would defer the release of the money until the nations European creditors agree to provide debt relief, the funds spokesman said.
The IMF would still prefer that Greeces euro-zone partners agree to debt relief before the fund presents a loan proposal to its executive board, spokesman Gerry Rice told reporters Thursday in Washington. Any loan would have to be approved by the IMFs 24-member board, which represents the instit…
Read the full article at: https://www.bloomberg.com/news/articles/2017-06-08/imf-weighs-greek-loan-that-would-release-funds-after-debt-relief
