Germany Blinks Under IMF Pressure: Breakthrough Agreement to Do Nothing

by Mike ‘Mish’ Shedlock
Mish Talk

In the wake of an IMF threat to back out of the Troika deal with Greece, Germany blinked under the IMF pressure.

Well, sort of.

The result was not quite the debt relief the IMF wanted, but it was more than Germany was prepared to offer yesterday.

Please consider Berlin Opens Way to Greek Debt Relief Talks.

Continue Reading at…