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IMF insists: Cut pensions and tax free limit as you agreed

Apply the voted cuts to pensions and abolish the tax-free limit in order to provide a fiscal space for countermeasures, the IMF reiterated to the Greek government.

The spokesperson, in the framework of the briefing in Washington, stressed that the Fund is not actively involved in the Greek program and the size of the financial space is a matter between Greece and Europeans and that the budgetary surplus must be spent for the benefit of society and development.

Invited to comment on the issue of early repayment of IMF loans, spokesperson Jerry Rice said: "I don't know the details of discussions. What I would say is that on the whole question of buyback and so on, it's a decision for the Greek authorities to make obviously, and that's in the context of they're a liability management strategy. They certainly have a range of options and that's one of them."

"Greece is in a strong position following the decision by the European Partners on additional debt relief and the buildup of a large cash buffer supported by the final ESM disbursement. So, it can afford to be a patient in a way in terms of coming to the decision, which again is, it's a prerogative," he said.

Regarding the invitation of the President of the Republic, Prokopis Pavlopoulos, to Christine Lagarde to visit Greece, Mr. Rice said that no specific date is set but she wants to visit the country.