IMF, the International Monetary Fund, is an international entity comprised of 188 nations where the goal is to promote sustainable growth and provide economic assistance when needed.
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From https://capsidea.com/share/State-of-Greece [/caption] Capsidea has provided an easy to understand infographic about the dangerous situation that Greece is in. Greece is the largest borrower of the IMF, twice that of all the other borrowers combined, and has extremely high unemployment rate as compared to the rest of the EU. What does all of this mean?
Greece is in a world of trouble and on the verge of bankruptcy if they don't get their act together and convince the IMF that they have a viable recovery plan in place.
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From https://capsidea.com/share/IMF-Outstanding-Credit [/caption]
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