EU, IMF 'going in circles' on Greek debt relief

People with disabilities take part in an anti-austerity rally in central AthensEurozone finance ministers meet Monday as far apart as ever on the debt relief measures demanded by the International Monetary Fund for it to back their bailout programme for Greece. The IMF played a key role in two massive rescues for Greece but baulked at a third in 2015, worth 86 billion euros ($92 billion), warning that Athens would never get back on its feet unless its debt mountain was cut outright. The fund is obliged to only lend to countries that can repay and its head, former French finance minister Christine Lagarde, has faced accusations that she bent the rules in the two previous bailouts to help save the eurozone.

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