Meeting in Washington: Greece will pay back the IMF loan – FAZ – Frankfurter Allgemeine Zeitung

      

 
 
 
 
 
     
 
 
 
 
 
 
 
 
         

 
 
 
 
 
          Greek Finance Minister Yannis Varoufakis arrives at the IMF.
     

 
                                              

 
 
     
     
     
         
         
                                                             

Greek Finance Minister Yannis Varoufakis the International Monetary Fund has pledged to repay the overdue loan of 450 million euros on Thursday. This was announced by IMF chief Christine Lagarde on Sunday evening after a meeting with Varoufakis in Washington. In the discussion focused around the Greek reform program.

                         
         
         
                                                             
                                 

Ongoing uncertainty about the success of aid programs are neither in the interest of the country, nor the creditors, Lagarde said in a written statement. She welcomed the confirmation of the Minister that the loan will be repaid on 9 April. Next Lagarde reiterated 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”.

                         
         
         
                                                                                                                                                                                                  

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The Greek Ministry of Finance had previously repeatedly assured that the IMF will recover the overdue money as planned. If you are switching Conference of Secretaries of the Ministries of Finance of 19 euro states had last Wednesday but doubts remained as to whether the highly indebted country Athens, the payment can also lift.

                         
         
         
                                                             

Varoufakis said his country would all agreed obligations to all creditors “ad infinitum” (unlimited) observed. Currently, creditors and the new government in Athens struggle for the payment of the last installment debt of the expiring utility in the amount of 7.2 billion euros. The donors have declared the submission of a sustainable approach to reform a condition for payment. Greece threatens in a few days insolvency, should it receive no further grants.

                         
         
         
                                                             

Greece has been preserved since 2010 with financial help of its international partners of around 240 billion euros before the national bankruptcy.

                         
         
         
                                                                                   

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meeting in Washington

Greece wants 450 million loan to IMF repay

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The situation in Greece is serious. Nevertheless secured finance Varoufakis to the International Monetary Fund to repay a loan due in a few days. And all other creditors, he promised more.

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