The Guardian: IMF walks out of Greece bailout talks
Lender says its negotiating team are going home to Washington due to a lack of progress in narrowing key differences with Athens
The International Monetary Fund dramatically pulled out of talks with debt-stricken Greece on Thursday after it accused Athens of failing to compromise over labour market and pension reforms.
The Washington-based lender of last resort said its team of negotiators had quit talks in Brussels after reaching a stalemate and would be returning to Washington.
The move left the Greek negotiating team with no option but to say it would also be leaving the talks and heading home to Athens.
“The ball is very much in Greece’s court,” IMF spokesman Gerry Rice said. “There are major differences between us in most key areas. There has been no progress in narrowing these differences recently.”
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