Home How the Greek Crisis is Profitable for the International Monetary Fund How the Greek Crisis is Profitable for the IMF

How the Greek Crisis is Profitable for the IMF

How the Greek Crisis is Profitable for the IMF

The IMF is extremely profitable. In 2015 the Fund had a profit margin of 71%, far outperforming big banks, like JP Morgan and Citi Bank. And, Greece has been a great revenue source for the Fund; since the bailout programs started in 2010, the country has paid the IMF almost €4 billion in fees and interest. In fact, Greece payments are so important to the IMF that they were 118% of IMF’s operating profit. So, the obvious question is: does the IMF have an incentive to keep Greece in crisis to protect its own financial survival and continue to milk the Greek cow?






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