Greece at the brink of default - Dax and Dow make gains - Spain's white elephant airport - Morrocan melon export boom
The head of the IMF has shifted her position on debt relief for the Mediterranean nation. Germany's finance minister had led the eurozone movement rejecting debt forgiveness for Athens.
At a meeting with the world's top five economic organizations, German Chancellor Angela Merkel called on the IMF to remain part of Greek bailout efforts as worries about a new debt crisis appeared stronger.
International Monetary Fund (IMF) chief Christine Lagarde has ramped up her calls for stronger policies by the world's economies to boost growth, warning that downside risks would only increase without decisive action.
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