There have been a few greek headlines in past days, for example:
- Most IMF directors believe that more relief for Greece may be required to restore debt sustainability
- The Greek thing is coming to another head as the IMF remain steadfast in their view that Greece needs to do more
- IMF Lagarde: We tried to be ruthless truth teller on Greece
While the recent news has been met with a jaded reaction, it is not going to be too long before these concerns bubble up. As a bit more background check out this extended piece from Bloomberg, it'll get you up to speed if need:
- Greece's government, unable to borrow from bond markets at affordable rates, has relied for years on loans from Europe's bailout fund and the IMF to pay its bills. Those loans come with strict conditions, and the government and its creditors are arguing over whether Greece is fulfilling them. Investors are once again on red alert.
