15-07-2015 09:12 via news.yahoo.com

France's Sapin says on same line as IMF on Greek debt relief

French Finance Minister Michel Sapin on Wednesday played down a warning by the International Monetary Fund that Greece would need more debt relief than that offered by European governments so far, saying that was already France's view. "The IMF is saying the same thing as we are ... we cannot help Greece if we maintain the same debt reimbursement burden on the Greek economy," he told BFM TV. Sapin said he understood that the IMF was calling for debt relief but not an outright haircut.
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