International Monetary Fund (IMF) spokesman Gerry Rice on Thursday confirmed that the Fund considers that new austerity measures in still bailout-dependent Greece may be required.
He also noted an Asset Quality Review is necessary for Greek banks as well as more stress tests for lenders in the country, echoing a standing position by the Fund’s leadership.
Finally, he again repeated that the IMF believes debt relief is necessary for the country.
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Source: naftemporiki.gr
