Germany sees no clarity on IMF role in Greek bailout before 2017
The International Monetary Fund (IMF) will only decide on its participation in the Greek bailout program once the second review is completed and that is unlikely to happen before next year, a German finance ministry spokeswoman said.
“We’re still in the second review… it needs some time, it could not be completed yet,” Finance Ministry spokeswoman Friederike von Tiesenhausen told a government news conference.
“And therefore it’s also clear that we won’t get this decision (on the IMF participation) before the end of the year, this will go into the new year,” the spokeswoman added.
Greece on Tuesday welcomed the eurozone’s offer of short-term debt relief but urged Germany and the IMF to abandon their demands for harsher austerity once its third bailout program expires in 2018.
You may be interested
Greece: A single-engine plane crashed in the village of Charia in Ilia – Two deadPanos - Jun 22, 2021
A tragic accident took place in Haria in Ilia on Monday afternoon, when a private plane that had taken off…
BBC: The last speakers of Ancient SpartaPanos - Jun 22, 2021
As you enter the mountainous village of Pera Melana in Greece’s southern Peloponnese peninsula, you’re likely to hear the roar of…
Mitsotakis: We expect the extension of our EEZ demarcation agreement with Egypt soonPanos - Jun 22, 2021
The Greek Prime Minister, Kyriakos Mitsotakis, is in Cairo, for his official visit to Egypt. Kyriakos Mitsotakis was received at…