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

7 April 2017
190 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

Greek PM meets Donald Trump amid growing US tensions with Turkey
FINANCE
shares41 views
FINANCE
shares41 views

Greek PM meets Donald Trump amid growing US tensions with Turkey

Panos - Oct 17, 2017

Alexis Tsipras, the Greek prime minister, will meet Donald Trump on Tuesday in an official visit to Washington that has…

Surprise! NASA has confirmed that Earth has a new Moon!
GREECE
shares44 views
GREECE
shares44 views

Surprise! NASA has confirmed that Earth has a new Moon!

Panos - Oct 17, 2017

Earth’s been hiding a little secret from its partner, the moon. Turns out the Earth has had a “mini-moon” on…

Germany and Greece: A Critical Bond
FINANCE
shares66 views
FINANCE
shares66 views

Germany and Greece: A Critical Bond

Panos - Oct 17, 2017

Relations between the countries with the European Union’s strongest economy and its most troubled one have been testy at times,…

Leave a Comment

Your email address will not be published.