Prospects for successful concluding 2nd review in Athens now good, IMF says

7 April 2017
228 Views

The prospects of successfully concluding the second review of Greece’s programme are now good but the Eurozone has to provide adequate assurances of a reliable strategy that will ensure the sustainability of Greece’s debt, the International Monetary Fund (IMF) said on Friday.

IMF spokesman Gerry Rice, in a statement, said that significant progress has been made in recent weeks, though some policy issues that “remain open.” It was now possible to reliably say, however, that the prospects for a successful conclusion of the negotiations on these issues during the talks that will take place in Athens were good, he said.

In such an agreement, he added, the policies must be supplemented by negotiations that will follow with the other Eurozone countries in order to ensure adequate assurances regarding the sustainability of Greece’s debt, before the programme is presented to the IMF board for approval.

You may be interested

Thessaloniki: The glorious heart of Northern Greece
GREECE
shares127 views
GREECE
shares127 views

Thessaloniki: The glorious heart of Northern Greece

Panos - Dec 11, 2017

Thessaloniki. A name that conjured up an exotic ancient place that was in my imagination for years. This is Greece’s…

NPEs in Greece drop to 100.4 bln€ in Sept. 2017
FINANCE
shares175 views
FINANCE
shares175 views

NPEs in Greece drop to 100.4 bln€ in Sept. 2017

Panos - Dec 11, 2017

The level of non-performing exposures (NPEs) in Greece in September 2017 dropped by 2.4 and 5.5 percent compared with the…

Greece’s Dimitris Vitsas: As the global threat evolves, so too must the defense industry
DEFENCE
shares232 views
DEFENCE
shares232 views

Greece’s Dimitris Vitsas: As the global threat evolves, so too must the defense industry

Panos - Dec 11, 2017

Defense as a concept has a complex structure and function and is indissolubly linked to the threats that an organization,…

Leave a Comment

Your email address will not be published.