IMF to shut down Athens office after a decade

Politico (EU) | Jan 7, 2020 at 8:55 PM
  • The International Monetary Fund will soon be shutting down its local bureau in Athens in a move signaling Greece’s readiness to leave behind a decade marked by financial crisis.
  • The IMF began operating a bureau in Athens in 2010 when it was invited to take part in Greece’s bailout program.
  • Critics have also questioned the IMF’s credibility since its participation in the Greek program led it to resort to unorthodox tactics, changing its lending rules.