IMF says Greece debt 'explosive' in long term

Greece's government debt remains "highly unsustainable," and will be "explosive" in the longer run, requiring a more credible debt relief plan from Europe, the International Monetary Fund said in a report obtained by AFP. Addressing the debt burden of the beleaguered nation will require "significant debt relief" from European institutions, including dramatically extending the grace periods and maturities of the loans, the IMF said in it's annual report on the Greek economy, which includes a debt