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Christine Lagarde was wary about committing any IMF money to the Greek bail-out (Photo: European Council)

IMF: No money for Greece until Europe boosts its firewall

One of the many loose ends to the Greek bail-out agreed in the early hours of Tuesday (21 February) is the lack of a firm commitment from the International Monetary Fund, pending a decision by eurozone leaders next week to merge the firepower of two bail-out funds.

According to eurozone finance ministers, the IMF is expected to make a "significant" contribution to the €130bn bail-out. German finance minister Wolfgang Schauble on Tuesday spoke of €13bn plus another €10bn from the first G...

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Christine Lagarde was wary about committing any IMF money to the Greek bail-out (Photo: European Council)

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