IMF's Blanchard urges compromise in Greek negotiations

Chief economist urges both Greece and creditors to make 'tough choices'

blanchard
Olivier Blanchard

With both sides in the Greek debt negotiations still failing to find common ground, IMF chief economist Olivier Blanchard appeared to offer a degree of clarity and a possible solution in a blog post on June 14.

Blanchard said both sides would have to make tough choices if a deal was to be struck, stressing a combination of additional funding and some form of debt restructuring would be necessary concessions by Greece's European creditors.

"We believe that, under the existing proposal, debt

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.