
The International Monetary Fund said Thursday it wants Greece's European partners to decide on a package of debt relief before determining if it will take part in Athens' next bailout.
Senior IMF official Delia Velculescu made the comment after leading a team that met in Athens this week with Greek and European financial officials working on a rescue plan.
"In the period ahead, we look forward to working with the authorities to develop their program in more detail and for Greece's European partners to make decisions on debt relief that will allow Greece's debt to become sustainable," she said.
She said the IMF would assess "its participation in providing any additional financing to Greece once the steps on the authorities' program and debt relief have been taken."
Greek lawmakers are to vote on an 85-billion-euro ($94.8-billion) rescue plan negotiated with the European Union, European Central Bank and the IMF, its third bailout since 2010.
A major Greek creditor, the IMF took part in talks on the package but has let it be known that its participation in a bailout depends on Europe agreeing to sustainable debt relief.
Germany, the major eurozone economy and another Greek creditor, has "questions" about the planned deal. Eurozone finance ministers are to meet on Friday in Brussels.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor