Greece’s creditors unconvinced that negotiations will be wrapped up

Written by on April 15, 2015 in Europe - Comments Off on Greece’s creditors unconvinced that negotiations will be wrapped up

For the first time since Greece was bailed out by international creditors an International Monetary Fund (IMF) official has publicly spoken of the possibility of the country exiting the euro zone.

As negotiations for Greek economic reforms drag on, a further “crisis” can’t be ruled out, according to IMF chief economist Olivier Blanchard.

“We clearly are in the middle of negotiations with the Greeks, and we very much want to come to an agreement and we hope we will,” Blanchard said at a press briefing in Washington on April 14.

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(Photo of Blanchard: IMF Staff Photographer Eugene Salazar)

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