Default vs. Delay Dangerous Euro Zone-IMF Split Persists over Greek Debt

Euro-zone finance ministers meeting in Brussels this week have been unable to reach an agreement with the International Monetary Fund on how to ensure that Greece's debt load comes down to manageable levels. Germany and other European countries continue to reject a new debt haircut. The standoff could become dangerous.
A sign held by a protester earlier this month in Athens reading "IMF Get Out."

A sign held by a protester earlier this month in Athens reading "IMF Get Out."

Foto: Thanassis Stavrakis/ AP
cgh -- with wire reports