De Grauwe: IMF Greece Plan Approaches Total Debt Relief

The video discusses the ongoing negotiations for Greek debt relief, emphasizing the need for a long-term debt extension. It explores the implications of coupon rates in a negative interest rate environment and the substantial nature of the proposed debt relief. The role of the IMF is highlighted, including the potential consequences if they withdraw from the negotiations. The importance of semantics in negotiations, particularly with Germany, is also discussed.

Discuss the significance of the proposed coupon rate in the context of Greece's debt.

What are the potential outcomes of the debt relief negotiations for Greece's future?