Sounds like someone's on a sales pitch ;-)

  • Greek economy continues to improve

  • IMF's report is outdated due to recent Greek growth

  • Was surprised by hardness of IMF's report

  • There's been some debt easing but more is needed

  • IMF wants more Greek economic reforms in addition to debt relief

  • Sees no forgiveness of Greek debt but only possibly easier repayment terms

The Greek thing is coming to another head as the IMF remain steadfast in their view that Greece needs to do more before they'll join the next bucket of cash down the toilet event.