The office of the International Monetary Fund (IMF) in Athens will close, Prime Minister Kyriakos Mitsotakis announced on Tuesday, after a meeting with its managing director, Kristalina Georgieva, in Washington.
Commenting on the news, government sources said it signifies "the end of the crisis in the country."
International Monetary Fund Director Kristalina Georgieva commented on China-US trade mini-deal. She said a reconciliation between the two countries was not enough and that a trade peace was needed, BGNES reported.
"It's really good news that the US and China are talking to each other, but it's not enough."
Trade wars around the world have a strong negative impact on global economic growth. The International Monetary Fund has warned about this.
The Executive Director of the Fund Kristalina Georgieva commented that global losses could total $ 700 billion by 2020, or about 0.8% of GDP. For comparison, this is the approximate annual GDP of Switzerland.