Future of Greek austerity divides IMF board

The International Monetary Fund's executive board members made an unusual admission of internal disagreement over future policy for Greece in a statement published today (February 7).

"Most executive directors agreed with the thrust" of a recently-concluded staff appraisal on Greece, but "some directors had different views on the fiscal path and debt sustainability", the statement said.

The staff appraisal was concluded as part of the IMF's Article IV review of the Greek economy and evaluation