Skip to main content

Black Listed News
Trending Articles:
Trending Articles:

IMF predicts Greek default will coincide with EU referendum, claims WikiLeaks

Published: April 2, 2016
Share | Print This


Source: The Independent

The International Monetary Fund anticipates a possible Greek default on its bailout will coincide with the UK's referendum on Europe, according to a leaked transcript.

WikiLeaks said it had obtained details of a discussion last month between the top two IMF officials in charge of managing the Greek debt crisis - Poul Thomsen, the head of the IMF's European Department, and Delia Velkouleskou, the IMF mission chief for Greece.

The whistle-blowing organisation said the discussion showed that the IMF was planning to tell Germany it will abandon the Troika (composed of the IMF, European Commission and the European Central Bank) if the IMF and the Commission fail to reach an agreement on Greek debt relief.

The IMF officials say that a threat of an imminent financial catastrophe was needed to force other players into accepting its “measures” such as cutting Greek pensions and working conditions, but that the UK referendum on June 23 will paralyse European decision making at a critical moment, according to the records.

The IMF officials said a threat of an imminent financial catastrophe was needed to help reach a “decision point”, convincing German chancellor Angela Merkel on debt relief and Greece into accepting IMF “measures” against pensions and working conditions, said the transcript.

The UK referendum was said to add a complication that needed to be negotiated around - delaying a possible “moment of truth” until after the June 23 Brexit vote.

Read More...

Share This Article...



Image result for patreon

Emigrate While You Still Can!

Loading...


Image result for patreon


PLEASE DISABLE AD BLOCKER TO VIEW DISQUS COMMENTS

Ad Blocking software disables some of the functionality of our website, including our comments section for some browsers.





Login with patreon to gain access to perks!

SIGN UP TO GET BLACKLISTED NEWS DELIVERED RIGHT TO YOUR INBOX

Enter your email address:




More Blacklisted News...

Blacklisted Radio
Blacklisted Nation
On Patreon
On Gab
On Twitter
On Reddit
On Facebook
Blacklisted Radio:
Republic Broadcasting
Podcasts on Youtube
Podcasts on Demand
On Iheart Radio
On Spreaker
On Stitcher
On iTunes
On Tunein

Our IP Address:
198.245.55.242

Sponsors:
Garden office

good
longboard
brands


Advertise Here...






BlackListed News 2006-2019
Privacy Policy
D.M.C.A. - Fair Use