'Not a Joke': EU-IMF Spat over Greece Worries Investors

[sysop]

Even as European finance ministers agreed with the International Monetary Fund on Monday to grant Athens more time to meet its budget reduction targets, a deep rift became apparent. Greece's overall debt load is massive, and the EU and IMF are in conflict over the best method and timeframe for reducing it.

http://www.spiegel.de/international/...-a-866973.html