IMF - Greece Debt Talks Have Collapsed

The Guardian: IMF walks out of Greece bailout talks

Lender says its negotiating team are going home to Washington due to a lack of progress in narrowing key differences with Athens

The International Monetary Fund dramatically pulled out of talks with debt-stricken Greece on Thursday after it accused Athens of failing to compromise over labour market and pension reforms.

The Washington-based lender of last resort said its team of negotiators had quit talks in Brussels after reaching a stalemate and would be returning to Washington.

The move left the Greek negotiating team with no option but to say it would also be leaving the talks and heading home to Athens.

“The ball is very much in Greece’s court,” IMF spokesman Gerry Rice said. “There are major differences between us in most key areas. There has been no progress in narrowing these differences recently.”

WNU Editor: To put it bluntly .... this is not going to end well.

More News On The Collapse In IMF - Greece Debt Talks

Creditors pile pressure on Greece as IMF withdraws its negotiators - live updates -- The Guardian
IMF quits Greek talks; EU tells Tsipras: stop gambling -- Reuters
I.M.F. Says Accord Is Remote in Talks With Greece -- New York Times
Greek debt: IMF leaves talks amid 'major differences -- BBC
IMF Halts Its Bailout Talks With Greece Amid Lack of Progress -- WSJ
EU warns Greece to stop 'gambling' and reach debt deal -- AFP
IMF, EU pour cold water on Greek debt deal hopes -- AFP
European Leaders Pressure Greece to Reach New Debt Deal -- VOA
EU Tells Greece It's Time to Decide, IMF Team Leaves Brussels -- Bloomberg
Creditors tell Greece it is time to decide over bailout -- Financial Times
Greece, International Monetary Fund Bailout Negotiations Stall; EU Tells Greek PM Alexis Tsipras To Stop 'Gambling' -- IBTimes
Greece Gets Wake-Up Call: Coming Week Could Seal Its Fate -- NYT/AP
IMF's 'never again' experience in Greece may get worse -- Paul Taylor, Reuters
IMF to Alexis Tsipras: 'Do you feel lucky, punk?' -- Larry Elliott, The Guardian