Monday 18 December 2017

IMF riles Italy PM

ITALIAN leader Mario Monti has hit out at the crisis management of the IMF over its handling of the Greek crisis.

"Where I perhaps see room for improvements also on the part of the IMF would be in having a broader understanding of specific situations in which the strict adherence to a model might prevent a pragmatic solution of a problem," he said.

The IMF defended its approach to a new Greek loan and said that it is not forcing the country to take steps such as budget cuts.

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