Sunday, April 17, 2016

Optimists, France and Germany argue for maintaining the IMF in the Greek case – The World

The French and German governments have displayed Saturday, April 16 in Washington optimism on the Greek case, raising the possibility of a future agreement. Paris and Berlin, however, reiterated the need to keep the International Monetary Fund (IMF) “on board” .

“We have taken advantage of the presence [in the US capital] of many political and financial leaders to move forward in the right direction “, said the french Finance Minister Michel Sapin. This was expressed during a during press conference spring meetings of the IMF and the World Bank, which was also attended his Greek counterpart Euclid Tsakalotos.

Read also: How are the relations between Athens and its creditors?

According to Mr. Sapin, contacts that have taken place suggest that an agreement could be found before the informal meeting of the 28 ministers of the European Union economy (the Council for economic and financial affairs, Ecofin), scheduled for April 22 and 23 in Amsterdam. And the latter to insist on the need to avoid negotiating again “being on the brink” , as was the case earlier in this folder.

Athens attempts to find an agreement with its creditors on further European aid plan concluded in the summer of 2015. the IMF has assured that there would participate only if the Hellenic executive makes new reforms and that Europeans accept to reduce the country’s debt

Read also:. is the Hellenic debt sustainable?



achievable objective, according to Mr. Tsipras

“My optimism was already large” prior to the discussions in Washington “and it has not diminished “, has he explained his side the German Finance Minister, Wolfgang Schäuble, during another press conference. He also hinted that the Ecofin meeting would be essential.

Mr. Fir and Schäuble, the Fund’s commitment is a decisive factor. Its removal “weigh negatively on solving the problem” , warned the French. The German has recalled its side that its Parliament had accepted the aid to Greece provided the international body is involved. And one to warn that he could say no to an agreement in case of no IMF: “I do not have the means to do otherwise. “

The executive director of the proceeding, Christine Lagarde, has, meanwhile, met with Mr. Tsakalotos. In a statement, she expressed the support of the Fund “an economic program for Greece based on sustainable and realistic measures”

Read also.: dialogue of the deaf between Greece and its creditors

the Premier Hellenic Alexis Tsipras declared to his hand Saturday on the television channel ERT consider that there would be “an agreement very soon” . “I think the goal I mentioned, namely to conclude [talks] by the Orthodox Easter [1 st May] (…) is feasible. “ The discussions are scheduled to resume Monday.

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