Europe must be able to rely on IMF

The IMF is evading its responsibilities in demanding that the euro states relinquish their claims on Greece, writes the conservative daily Die Welt: "The Fund shouldered these responsibilities when it participated in the bailout. It could have - and should have - realised earlier that the road to the Greek bailout was generously paved with optimism: the second bailout package for the bankrupt country which was laboriously agreed on in March and whose ratification took a good deal of convincing not only for the German government, will possibly - probably even - be insufficient because it is based on the calculations of the IMF. Greece's creditors rightly demand that it should be reliable, but the same should go for them as well. ... The IMF cannot act as advisor, helper, rescuer and expert committee, depending on which role happens to suit it best at a given moment."

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