- WASHINGTON: Global finance officials are sending Greece a tough love message: Move ahead on economic reforms and they'll come to the rescue with an emergency loan package.
The rapidly escalating Greek debt crisis will likely dominate discussions at Saturday's gathering of International Monetary Fund and its sister lending agency, the World Bank.
Crippled by soaring borrowing costs, Greece triggered an emergency aid plan Friday to draw cash from the IMF and countries that use the euro.
Athens is already implementing a harsh austerity program that cuts civil servants' pay, freezes pensions and raises taxes. But the country still faces years of painful cutbacks and doubts about its long-term finances.