28 July: IMF self-critical of Greek bailout

July 28, 2016

The Internal Evaluation Office (IEO) of the IMF on Thursday night 28 July has published a highly critical report on the institution's participation in the Greek bailouts. The report on the role of the IMF in the Greek, Irish and Portuguese crises comes at an important moment, as the IMF is still formally to decide on participation in the third Greek bailout programme decided by the euro area one year ago. The IMF concerns over Greek debt sustainability are well known.

Read the full report "The IMF and the Crises in Greece, Ireland and Portugal" as well as accompanying background papers here: http://www.ieo-imf.org/ieo/pages/CompletedEvaluation267.aspx

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