herald

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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