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IMF: High primary surplus targets a “drag” for Greece’s economic recovery

The International Monetary Fund (IMF) agrees with the opinion expressed by Christine Lagarde in the European Parliament concerning the need to review the high primary surplus targets for Greece, IMF spokesperson Gerry Rice said on Thursday. This view reflects the IMF’s standing position on this issue in recent years, he …

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“IMF has no longer financial arrangement or program with Greece,” says Rice

The International Monetary “Fund has no longer a financial arrangement or program with Greece, so clearly the main interaction now is between EU partners and Athens,” the Fund’s spokesperson Jerry Rice said on Thursday. He added that the IMF continues to participate by providing assistance with surveillance. “In general, this …

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The IMF insists on debt relief measures for Greece

The IMF Board will need to meet again to reach the final decision to activate the programme in Greece, clarified Gerry Rice, the Press Representative of the Fund, while speaking to reporters on Thursday. He reiterated that the decision is based on two parts: reforming progress and debt alleviation that will …

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IMF will not activate its program for Greece if no debt relief agreement, says Fund’s spokesman

“The International Monetary Fund will not activate its program if there is no agreement on debt relief for Greece, ” Fund’s spokesman Gerry Rice said during a regular briefing on Thursday. Rice clarified that the € 1.6 billion program approved by the Fund for Greece will not come into force …

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Mnuchin: US wants IMF to stick to hard line on Greece

Treasury Secretary Steven Mnuchin made it clear that the Trump administration does not think much neither of the European Union, nor the Eurozone nor Greece. In an interview to the Wall Street Journal, Mnuchin suggested that the US wants the International Monetary Fund to stick to its hard line on …

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