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IMF offers tough solution to ESM for Greece

Published Tue, May 24, 2016 · 09:50 PM

London

AS European finance ministers gathered in Brussels to decide on the next bailout payment to Greece, the International Monetary Fund (IMF) has come up with a solution to reduce financing costs that may leave the bond market with indigestion.

The IMF suggested in a report that the European Stability Mechanism (ESM), …

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