The Greek Tragedy Deepens
Posted by admin . Published on 24 April 2010, Received
The debt crisis in Greece looks set to dominate a meeting of the International Monetary Fund (IMF) in Washington.
Greek Finance Minister George Papaconstantinou is due to hold talks with IMF head Dominique Strauss-Kahn and EU economy commissioner Olli Rehn.
On Friday, Greece asked for an EU-IMF bailout of its debt-ridden economy.
Ahead of the meeting, the Group of 20 big economies said the world was emerging faster than expected from its deep recession.
After talks in Washington on Friday, G20 finance ministers said the pace of the recovery was largely due to the huge amounts of government money pumped into national economies.
