International Lenders Split on Greek Bailout

IMF and European officials disagree on how to fund Greece

BRUSSELS – The EU and the International Monetary Fund (IMF) are at odds over how to fund Greece for two extra years, while the Greek government has still not reached a agreement on promised budget cuts needed for the next tranche of bailout money.

Greek finance minister Yannis Stournaras spent a few hours in hospital on Thursday (25 October) where he was diagnosed with extreme fatigue and a viral infection.