The New York Times reports: Greece called on the International Monetary Fund on Saturday to explain whether it was seeking to usher Athens toward bankruptcy ahead of a pivotal referendum in June on Britain’s membership in Europe. Greece’s comments came after I.M.F. officials raised questions in a private discussion published by WikiLeaks about what it would take to get Greece’s creditors to agree to debt relief.
The transcript, which captures what WikiLeaks said was a teleconference conversation in March between Poul Thomsen, the head of the I.M.F.’s European operations, and the I.M.F.’s Greek bailout monitor, underscored a widening rift between the I.M.F. and Greece’s European creditors that could jeopardize Greece’s new 86 billion euro bailout. It also exposed the fraught behind-the-scenes political machinations that have led to a deadlock on how to deal with a country still regarded as Europe’s weakest link.
The I.M.F. declined to comment on the WikiLeaks transcript, but said in a statement that Greece needed to be put “on a path of sustainable growth” supported by reforms and further debt relief. The document touched off a fresh political frenzy inside Prime Minister Alexis Tsipras’s government, which accused the I.M.F. of trying to “politically destabilize Europe.” [Continue reading…]