BERLIN (MNI) – The International Monetary Fund is pushing for a
restructuring of Greek debt because it doesn’t believe that the
country’s austerity and reform plan will be sufficient, German weekly
Der Spiegel reported over the weekend.

Senior IMF representatives have lobbied European governments for
such a restructuring, the magazine wrote. A haircut, a lengthening of
maturities or a reduction of interest rates are among the possibilities,
according to Der Spiegel.

The IMF wants Greece to start negotiations with its creditors about
a restructuring of its debt soon, the magazine said.

–Berlin bureau: +49-30-22-62-05-80, email: twidder@marketnews.com

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