IMF says Greece would need 36B euros of new European money under Athens package

IMF Greek sustainability report:

• Greece may have "substantial new financing needs"
• At minimum, maturities on existing European loans will need to be extended
• Greek GDP forecasts subject to 'very considerable downside risks'
• Even if Greece had primary surplus of 2.5% and real GDP growth of 1%, a significant haircut would still be required
• IMF may write off full Greek loan of 53.1 billion euros under worst-case scenario

That's a damning report. Whether the vote is Yes or No, Greece is in world's of trouble. Overall, they say Greece needs €50B and says the IMF will not back a third bailout without debt relief.