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Reuters: IMF denies pressing Greece on Debt Restructure

According to Reuters ,, the International Monetary Fund on Saturday denied a report in German magazine Der Spiegel that it was privately pressing Greece to restructure its debt.

“As we have said consistently, the IMF supports the Greek government’s position of no debt restructuring and its determination to fully service its debt obligations. Any reports claiming otherwise are wrong,” an IMF spokeswoman told Reuters.

Earlier Saturday, an EU spokesman but also the Greek Finance Minister dismissed the Spiegel claims – read Here

Without citing any sources, Der Spiegel reported that the IMF had reversed its previous opposition to the idea of a Greek restructuring and now believed one was necessary soon.

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