IMF says participation in Greek program contingent on balanced approach

Author: Adam Button | Category: News

Comments from an IMF official to MNI

  • Timing of technical mission to Greece still to be decided
  • No request yet for IMF participation in Greek programme
  • Need reform and debt relief for IMF participation
  • Did not support temporary Grexit proposal

So it comes down to how you interpret debt 'relief'. Does that mean a haircut (which is off the table) or maturity extensions and interest rate reductions?

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