IMF and EU at Odds Over Cyprus
From Acting Man
January 22, 2013 - 3:13pm
Unsustainable Debt Load A rift has emerged between the eurocracy and the IMF over the pending bailout of Cyprus. The EU's bailout mechanism ESM stipulates that the IMF must agree that a country applying for help will achieve debt sustainability under the proposed bailout plan. The intent behind this stipulation is clear: it allows [...]
January 22, 2013 - 3:13pm
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