International development

IMF: Only on board the Greek program with debt restructuring and reforms

The Managing Director of the International Monetary Fund (IMF), Christine Lagarde said the organisation would remain on the Greek bailout program on the conditions that a debt restructuring was achieved that was in line with the Fund’s debt analysis. In an interview to three reporters of the Leading European Newspaper Association, Mrs.

Schaeuble: Greece will not need a new programme and will return to the markets in 2018

 

The German Finance Minister Wolfgang Schaeuble stated on Friday in an interview with German newspaper Rheinische Post that “I expect that the International Monetary Fund (IMF) will remain in the Greek programme. It is not so important the percentage it will participate with. What matters is that it will do so”.

Crucial EuroWorking Group underway in Brussels on Greek matter

The outcome of the crucial EuroWorking Group in currently underway in Brussels will most likely determine whether a staff level agreement is possible between Greece and its creditors in order for talks to resume in Athens. Sources say the meeting restarted after a break under the highest degree of discreteness.

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