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Tsipras calls for IMF quit in Greece’s third bailout

Greece is once again back in the headlines, with country's Prime Minister Alexis Tsipras calling for International Monetary Fund to stay out of Greece's third bailout of €86 billion, a decision that could increase the cost for Euro zone partners.

Mr. Tsipras in his interview with Financial Times that he was puzzled by unconstructive attitude of the fund of fiscal and financial issues. According to Mr. Tsipras, after six years of managing crisis, Europe has now institutional capacity to deal with intra-European issues. He wants to implement the bailout measures as swiftly as possible to get rid of Troika as it is better for his country to get out from bailout program as soon as possible.

Greece has been resisting IMF's demand for pension reforms so far and a bill could finally be placed to vote on January.

IMF on the other hand, suspended further lending to Greece as according to the fund, Greece's debt is approaching unsustainable level (190% of GDP in 2016). That's why, IMF's inclusion in the deal vital for Greece as the institution has been calling for Greece's debt reduction either through write off or restructuring.

While Tsipras' comments might make IMF jittery to gat included in the bailout, it might anger German politicians, who consider IMF's expertise on the matter crucial and its inclusion vital.

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