In the radio station “France” s Europe1 “said the President of the International Monetary Fund (IMF) on Friday on the issue, whether the recent agreement was sufficient to further relief efforts: “The answer is a categorical no.”
Lagarde said facilitation of the debt burden are also a condition for a further involvement of the IMF to the rehabilitation programs
.
“He participates, there must be a complete program.” And she counted alongside reforms and fiscal discipline in Greece also reduce the debt burden.
Euro states close haircut from
Similarly, also expressed the Vice President of the EU Commission, Valdis Dombrovskis. The term of the Greek debt and the interest could be explored. A sustainable debt sustainability of Greece was essential for further discussions.
On the other hand, however, the euro countries would a exclude haircut, Dombrovskis
ECB Governing Council member said in an interview with Bloomberg TV. Importantly, the euro zone complies with rules
ECB Governing Council member Ewald Nowotny pointed to legal problems with a haircut for Greece. If the euro zone have given rules, then it is also important to maintain this, he said on Thursday evening on the television program “ZIB 2″.
The question is rather how to “practical” applying these rules. Also Nowotny called for the restructuring of debt and the extension of the repayment maturities
IMF:. Debt burden is too high
According to the latest IMF estimates, Greece’s debt climb in the next two years close to 200 percent of economic output.
Although the recent agreements with the government in Athens included “in principle” debt relief, but there was no commitment to the volume, said IMF chief Lagarde. Are conceivable, they said, an extension of maturities or lower interest rates
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