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Monday 06 April 2015
On time and without compromise: The meeting with the IMF chief in Washington backs Greek finance the IMF to the no quibble refund pending liabilities. In the coming week Athens must raise nearly half a billion euros.
The Greek Finance Minister Yanis Varoufakis has the International Monetary Fund (IMF) agreed to the timely and full repayment of overdue loan of 450 million euros on Thursday. This was announced by IMF chief Christine Lagarde after a meeting with Varoufakis in Washington.
In the discussion focused among other things, to the Greek reform program. Both sides had concurred that effective cooperation in the interest of all lies, it said in a written statement Lagarde.
Varoufakis said after the appointment at the IMF head first only by a “fruitful and productive” meeting , His country would, all agreed obligations to all creditors “ad infinitum” (unlimited) observed. To settle the April 9 upcoming payment to the IMF had recently given plenty of confusion. Greece’s Interior Minister Nikos Voutzis had asked the timely repayment last question. A government spokesman had shortly afterwards assured timely payment.
“To help Greece”
Ongoing uncertainty was not in the Greek interest, the IMF chief, however, said in its statement. She welcomed the confirmation of the Minister that the loan will be repaid on 9 April. Next reiterated Lagarde at the meeting by its own account, that the IMF remains committed to cooperation with the competent authorities, “to help Greece to return to a sustainable path of growth and employment”
In plain English.: The Expert Group Troika, which includes not only our financial specialists IMF representatives from EU and European Central Bank (ECB), the IMF remains indispensable part of the auxiliary agreements opinion. The Greek government under Prime
The talks between Lagarde and Varoufakis continued late into the. night. In a statement to reporters announced Greece’s Finance Minister in the US capital, the government in Athens wanted to reform the country profoundly. The Greek Ministry of Finance had previously repeatedly assured that the IMF will recover the overdue money on schedule.
More aboutthe case of a switching Conference of Secretaries of the Ministries of Finance 19 euro states had last Wednesday but doubts remained as to whether the highly indebted country Athens, the payment can also lift. Currently, creditors and the new government in Athens wrestling for payment of the last tranche of the expiring utility in the amount of 7.2 billion euros.
Greece’s lenders have declared the presentation of a viable reform concept for a condition for payment. The Euro-land is already threatening within days insolvency, should it receive no further grants. Greece is preserved since 2010 with financial help of its international partners in the national bankruptcy. Overall, the relief operation for the Athens State Finance amounted to a volume of around 240 billion euros.
Source: n-tv.de
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