assembly between Angela Merkel and Christine Lagarde could end deadlock – though austerity is unlikely to endKnocked off the front pages by Brexit and Donald Trump,Greece is back on the agenda. The country’s two most distinguished creditors will meet in Berlin on Wednesday when the German chancellor, Angela Merkel, or hosts the head of the International Monetary Fund,Christine Lagarde. It could be a fateful assembly. Europe and the IMF have been at loggerheads for months over whether Greece will ever be able to repay its debts – a disagreement that has stopped the Washington-based fund from signing up to a €86bn-bailout programme crafted by EU leaders in July 2015. Merkel and other European leaders, who face elections, and are anxious to bring the IMF on board,to persuade sceptical voters the bailout is credible. Related: Greece standoff over 86bn bailout eases after Brussels deal Continue reading...
Source: theguardian.com