29.07.2016 - 05:21 [ Keep Talking Greece ]

“IMF, The 1000+1 Errors” – Fund’s watchdog criticizes programs in Greece, Ireland and Portugal

The much awaited report of the International Monetary Fund’s independent watchdog (Independent Evaluation Office- ΙΕΟ) is out: 700 pages featuring one by one all the errors, mistakes, miscalculations in the design and implementation of the IMF’s programs in Greece, Ireland and Portugal 2010-2011 and the way it handled the crises in the eurozone.

The report looked into how the IMF handled the eurozone crisis, which began with the May 2010 bailout of Greece, but subsequently spread to Ireland, Portugal and Cyprus.