Davos 2016: Greece Promised New IMF Loans At Meeting With Lagarde And Tsipras

Greece was promised fresh International Monetary Fund loans Thursday during a meeting between Greek Prime Minister Alexis Tsipras and IMF Managing Director Christina Lagarde on the sidelines of the World Economic Forum in Davos, Switzerland, Greek news reports said. High on the agenda were strategies to reduce Greece’s debt to a sustainable level, which is a key element in getting the southern European country more aid from the Washington-based global financial institution.