After the meeting between Yanis Varoufakis and Christine Lagarde in Washington Greece promises to repay the € 450 million owed to the IMF, Thursday, April 9.
From our correspondent in Washington
Greece well repay its debt to the IMF to $ 494 million – 450 million euros – in due time, Thursday, April 9, in cash and not in bonds as some believe left in Athens. After a last minute visit to Washington at the International Monetary Fund (IMF) on Easter Day, Yanis Varoufakis declared that Greece “intends to honor all its commitments ad infinitum.”
His extraordinary interview with Christine Lagarde maybe opened his eyes to the extreme urgency of reaching an agreement on radical economic reforms with the IMF, the countries of the euro zone and the Bank European Central. Hot and cold it could be concluded constantly blown by the Greek government that the option of a partial default to the IMF was part of the options it was considering.
The monetary institution wishes to preserve its preferred creditor status, keystone of the international monetary system. As such it can not give up its claims. Rare cases of arrears with the IMF concern country immediately become pariahs of the financial world, as torn by extremely serious crises, such as Afghanistan, Zimbabwe and Haiti.
Director-General IMF also issued a statement to dispel ambiguities distilled from Athens: “The Minister Varoufakis and I have exchanged views on current developments and we agreed on the fact that cooperation is in the interest of all. We noted that the continued uncertainty is not in the interest of Greece and I welcomed the confirmation by the Minister that the payment due to the fund would be made on April 9th. “
Christine Lagarde hope to have convinced his interlocutor of the need not to waste time in negotiations with the IMF, the Eurogroup and the ECB: “I expressed my thanks to the Minister for his commitment to improving the ability of teams techniques work with the authorities (…) in Athens and strengthen political discussions with the teams in Brussels should promptly resume on Monday, “said the Executive Director.
Yanis Varoufakis is promised government intended “reform Greece deeply” and seek to improve the “efficiency of the negotiations” with its creditors. They continue to condition new Greek aid agreement in the coming days on a package of economic reforms difficult to accept by the far left government in place since January in Athens. The Minister of Finance is also received earlier in Washington Treasury, through its US counterpart, Jack Lew.
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