The International Monetary Fund questioned the ability of Greece to deliver on promised bailout overhauls and warned in its starkest language yet that the eurozone must commit to debt restructuring to ensure the program will work. The IMF’s warning—made in a three-page paper circulated to eurozone officials over the weekend and published more broadly Tuesday—is a reality check for Europe and Greece about the political and economic commitments needed from both sides. “The dramatic deterioration in debt sustainability points to the need for debt relief on a scale that would need to go well beyond what has been under consideration to date—and what has been proposed by” eurozone authorities, the IMF said in its latest assessment of Greece’s economy. The IMF’s dour debt assessment is a clear warning that the fragile bailout accord hasn’t removed the risk of a Greek exit from the eurozone and that the IMF needs […]