The Greek authorities refused the IMF plan
Greece refuses stabilization project of the IMF on almost 1.5 years earlier than the deadline. Authorities powers explained that previously adopted measures became unbearable for the economy and politics of the country.

Greece refuses stabilization project of the IMF on almost 1.5 years earlier than the deadline. Authorities powers explained that previously adopted measures became unbearable for the economy and politics of the country.
Power, which for a long time followed the intention of the International monetary Fund, has decided to abandon further help and without the help of others to stabilize personal financial situation. Greece has informed the international Association about what she is going to prematurely stop the action of the stabilisation programme up to March 2016.
The Finance Minister of Greece, Gikas Hardouvelis told about a similar decision of the head of the IMF Christine Lagarde. Adept countries reported that the program which was designed to "cure" the national economy from the effects of the global crisis has provided the opposite result.
Greek Prime Minister explained that created the international financiers of the project was not effective and was the country's onerous burden for Greece, becoming not only in financial but also in political moment. So, directly on the wave of the financial crisis came on the scene such forces as ultra-nationalist party Golden dawn", says Russia Today.
To date, the authorities of the southern States decided to categorically reject the intervention of the international Fund and without the help of others to cope with difficulties. Remember, 5 years ago Greece appealed for support to the European Union and the IMF after the sovereign debt crisis has deprived her powers to Finance government bonds.
Reform and budget needs to Athens was dedicated 240 billion euros. The country could significantly improve the economic situation, but the reduction of costs for the purposes of the tough economy has caused a protracted recession and the annoyance of the people, which in 2011 he joined a group of street protests. GDP powers declined since 2008 almost a quarter, and financial growth Greece to this day has not returned. In this regard, Greece almost a year and a half earlier decided to retire from politics, which was developed for her international financiers.