Lagarde: IMF to continue supporting Greece after fiscal program ends

The International Monetary Fund (IMF) is committed to continuing its support of Greece after the end of the fiscal program in August, but there is work that the country still needs to do, especially in structural reforms, IMF Managing Director Christine Lagarde said on Thursday, according to ANA

In the meanwhile, Brussels and Athens are now turning their attention to Washington, where critical discussions on Greek debt relief will be held on the sidelines of the spring International Monetary Fund and World Bank Spring Meeting. 

According to Athens-Macedonian News Agency’s sources, the Europeans welcomed the IMF’s estimates for the medium-term course of the Greek economy, which showed greater convergence with those of Europe. At the same time, European officials are now convinced of the IMF’s “will” to activate its programme for the country before the European part of the programme is completed.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons Copyright: MEDEF License: CC-BY-SA

 

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