Brussels, 26/08/2015 (Agence Europe) - It has been in the air since April 2014 and over time, has come true: the Europeans will move away from targets expressed in terms of debt/GDP ratio when they analyse the viability of the Greek debt, looking at financing requirements instead. It remains to be seen what the IMF will make of its argument that a massive debt will scare off investors.
On 12 November 2012, the managing director of the IMF, Christine Lagarde, and the then president of the...