Displaying items by tag: imf

The Eurogroup might have approved the tranche for Greece on Monday, but celebrations by the Greek government were quickly mitigated ahead of talks over the pending prior actions, the 4th review, the debt relief, and the new supervision, according to sources from Brussels. Reports suggest the IMF is preparing to make tough demands on Greece.

Amid increasing scenarios that the IMF is considering participating in the Greek bailout programme, Prime Minister Alexis Tsipras is meeting with IMF Chief Executive Christine Lagarde in Davos, Thursday.

IMF Director Christine Lagarde said the Fund’s board had in principle agreed to approve a “stand by loan” based on specific data. In an interview with Italian newspaper “Il Sole 24 Ore”, Mrs. Lagarde argued that Greece needed a debt restructuring for the country’s economy to become sustainable.