Second austerity package

Poul Thomsen, the IMF’s Director of the European Department towed the line of German Finance Minister Wolfgang Schauble after the completion of the EuroGroup, late Monday, stressing that even though the measures passed by the Greek government were sufficient, a reliable program was necessary for a debt relief. Speaking to reporters in Brussels, Mr.

By Debbie Papadakis

debbiedepapadakis@yahoo.com

By Andrew Mayeda

When the IMF?s point man on Greece, Poul Thomsen, rebuffed the nation?s proposal in December to unlock more bailout funding, he wound up making his job even tougher.

The International Monetary Fund said Dec. 29 it was suspending financial aid to Greece under its huge rescue program until a new government is formed after elections slated for late January.