Germany's finance minister Wolfgang Schäuble says Greece will need another bailout after 2014, but ruled out another haircut on Greece's debt. Greece has already received two bailouts worth a total of 240 billion Euros.
The International Monetary Fund (IMF) has been described as the lender of last resort for countries in financial distress. But the stiff medicine doled out by the fund is still subject to huge controversy.
On Monday, Greece exits the third and final bailout program of a nine-year debt crisis that has chopped around a quarter off the country's economy. DW looks back at key moments from Greece's traumatic decade.
Sunday's by-elections were dubbed an early test to the popularity of PM Khan, who has been criticized for "mishandling" the country's economy. Losing a number of seats in parliament doesn't augur well for his government.
With its economy in distress, Pakistan's new government is expected to soon go cap in hand to the IMF seeking yet another loan. But US Secretary of State Pompeo's recent comments highlight the tough road ahead.
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