Houliarakis questions IMF’s demands for more measures

3 March 2016
758 Views

Greece’s Alternate Finance Minister Giorgos Houliarakis told Parliament on Thursday that the government is baffled about the demands being made by the International Monetary Fund as part of the first bailout review.

Houliarakis argued that the macroeconomic data based on which last year’s agreement was made have improved and that this means the IMF should not be demanding new measures.

Finance Minister Euclid Tsakalotis adopted an identical stance when he addressed MPs earlier in the day.

“It is very difficult for us to understand why the IMF is asking for many more measures compared to what was agreed in the summer, when the memorandum was signed, given that the economic conditions have improved notably since then,” he said.

You may be interested

Greek Shipping Minister admitted to ICU
GREECE
shares10 views
GREECE
shares10 views

Greek Shipping Minister admitted to ICU

Panos - Dec 03, 2020

The Minister of Shipping and Island Policy, Giannis Plakiotakis, was admitted for precautionary reasons to the Intensive Care Unit of…

The UK approves Covid Pfizer vaccine for use next week
GREECE
shares36 views
GREECE
shares36 views

The UK approves Covid Pfizer vaccine for use next week

Panos - Dec 03, 2020

The UK has become the first country in the world to approve the Pfizer/BioNTech coronavirus vaccine for widespread use. British…

PM Mitsotakis: The resilience of Greek exports a small feat
GREECE
shares11 views
GREECE
shares11 views

PM Mitsotakis: The resilience of Greek exports a small feat

Panos - Dec 03, 2020

The foreign trade sector is proving resilient and supporting the Greek economy, Prime Minister Kyriakos Mitsotakis said on Wednesday in…

Leave a Comment

Your email address will not be published.