Thursday, October 9, 2014

Greece will be “better off” with assistance from the IMF … – Les Echos

Greece will be "better off" with assistance from the IMF … – Les Echos

The IMF Managing Director Christine Lagarde said Thursday that Greece would be “better off” with assistance from the Fund while Athens wants to eliminate sooner than expected international aid.
“There been significant progress (in Greece), but we also believe that (…) the country would we believe in a better position if he enjoyed a precautionary assistance, “said the boss of the International Monetary Fund during a press conference.
Under international financial assistance since 2010, Greece has recently argued that the era of aid programs was “finished” and suggested that it might shorten the life of the plan IMF, which in theory should be completed in 2016 The assistance provided by the European Commission should it be completed by the end of 2014
Recalling that the final decision belonged to Greece, Lagarde said she was open “an evolving relationship” tumultuous, between the IMF and Athens. “We believe that the relationship can be extremely useful to enable the country to move forward and, ultimately, and get out by himself,” said Lagarde.
Late September The IMF said it had not received formal Athens shorten the lifespan of its aid program request.
Senior representatives of the Troika EU-ECB-IMF control accounts and reforms in Greece began on Tuesday in Athens a series of talks with the government focused on the review of the budget in 2015, the first step in a process that could lead to the payment of a new loan to the country.

LikeTweet

No comments:

Post a Comment