The IMF reiterated its support to Greece after an article on the withdrawal of aid
The International Monetary Fund (IMF) reaffirmed its commitment to support the helena economy and edited an article in the German weekly “Der Spiegel”, according to the international body was raised not to offer more financial aid to Greece.
“The IMF is supporting Greece to overcome its economic difficulties. A mission will begin discussions with country authorities on July 24 on how to route back Greek economic program, which supports the IMF financial assistance,” the agency in a brief statement.
The German weekly “Der Spiegel” said Sunday that the IMF is raised to stop its support for Greece, which itself towards the Hellenic country into insolvency in September.
According to that environment, the IMF has already warned the leadership of the EU that its patience with Greece has been exhausted and that, therefore, not make new contributions.
In Brussels has long recognized openly that the adjustment and reform program of Greece has been derailed, possibly ratify assessment Troika morning returning to Athens to complete its review.
According to “Der Spiegel”, despite the financial assistance committed by the troika, the IMF believes that Athens will be ready to respond to the commitment to reduce its debt by 2020 and 120% of its Gross Domestic Product (GDP).
This would have to release between 10,000 and 50,000 million euros more for Greece, an amount by which the IMF would not be willing to contribute, according to the weekly.
Category: Money
