IMF: The Greek debt relief issue should have been settled yesterday

17 May 2018
668 Views

The IMF spokesperson Gerry Rice said the organisation had open differences with its European partners regarding the debt relief on the Greek programme stressing time was running out for the Fund to decide on taking part in the Greek programme.

“Therefore, the issue of debt relief is the issue that remains to be resolved. Discussions are underway and differences have diminished, but there are some differences that remain and need to be resolved. This should have been done, as Poul (Thomsen) said, perhaps yesterday”, Mr Rice said responding to a question during a press briefing.

The IMF spokesperson repeated the group’s position of the two parts of the Greek programme, namely that Greece had achieved significant progress in the field of reforms and that what was needed now was to settle the debt relief matter.

“The IMF has clearly laid out this matter on the table concerning what we think Greece needs for additional debt relief”, said the Fund’s representative.

According to Mr. Rice, the activation of the programme and the IMF’s participation will be a guarantee for debt sustainability, which, he said, will stimulate investor confidence and work to the benefit of the Greek economy.

You may be interested

Pakistani gang leader arrested by Greek police
GREECE
shares16 views
GREECE
shares16 views

Pakistani gang leader arrested by Greek police

makis - Nov 27, 2020

The Pakistani leader of a gang, whose knife-wielding members broke into an apartment in Kaminia last Saturday and slaughtered a…

These blood types have a lower risk of contracting Covid-19
HEALTH
shares24 views
HEALTH
shares24 views

These blood types have a lower risk of contracting Covid-19

Panos - Nov 27, 2020

New research adds to the growing body of evidence that people with blood type ‘O’ may have a lower risk…

Former New York Times reporter blasts Amazon for censorship over Covid-19 masks
WORLD
shares40 views
WORLD
shares40 views

Former New York Times reporter blasts Amazon for censorship over Covid-19 masks

Panos - Nov 27, 2020

Former New York Times reporter Alex Berenson has slammed Amazon for attempted ‘censorship’ after the company backed down from its…

Leave a Comment

Your email address will not be published.