- IMF chief Christine Lagarde said that Greece can not expect a deferral of its loan repayments.
- It is unclear whether Greece can afford upcoming repayments of loans. The government hopes to further aid.
- is a prerequisite for the evaluation of the Greek bailout fund reform measures. The IMF urges Greece and its lenders to complete this review as quickly as possible.
IMF includes deferral of repayments from
IMF chief Christine Lagarde has hopes of Greece, a deferral rejected by loan repayments to the International Monetary Fund (IMF). They made it clear in Washington that the euro-crisis country can hardly expect such a relief for his strained financial situation. “We have never had the event that we asked for a postponement of payment a developed country,” she said. Deferral of Greek loan repayments was nothing you could recommend in the current situation, Lagarde made clear.
A report by the Financial Times According had representatives Athens at the IMF about the possibility a deferred payment inquires. Lagarde had come on Thursday with the Greek Finance Minister Yanis Varoufakis together.
billion payments are due
The IMF is one of the major donors in the two multi-billion aid programs in recent years for the Euro-land. Currently, the government in Athens tries with donors, including the IMF, to create the conditions so that the outstanding funds are released from the ongoing assistance programs. It is unclear whether Greece ever has enough resources to afford to May imminent IMF loan repayments of around one billion euros can.
IMF urges them to hurry
Lagarde urged Greece and its donors to accelerate its work in evaluating the Greek reform measures. A positive decision to do so by the three institutions IMF, European Commission and European Central Bank (ECB) is the prerequisite for that is paid out of aid funds. Lagarde warned that it must be provided clarification. “This is not something that can be done with a political agreement at the last minute,” she warned. This called for especially the finance ministers of the euro countries and commissioned by testing institutions. The need to with more speed and thoroughness achieve a result.
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