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Finance Minster Stournaras' IMF Bailout Comments

On Friday, Finance Minister Yiannis Stournaras met with Prime Minister Antonis Samaras, regarding the IMF's approval on Greece's 3.5 billion euro bailout expenditure.

According to ANA-MPA, when the Finance Minister was questioned by the media on the future of his position, he declined to comment. He only stated: "...these are issues dealth with by the Prime Minister".

Stournaras described the IMF's latest analysis on the nation that occurred Friday as,"...speaks well of Greece, recognising the government's and the people's efforts, foreseeing positive growth rates". He shot down reports that the IMF approximated the country's fiscal gap to be 7 billion euros.

The Finance Minister stated, "They are making the same mistake they were making some time ago, with the European Commission review. They are adding numbers that cannot be added, because they are already aggregates".

When queried about tax decreases, he commented, "As long as fiscal targets are being exceeded, there will always be room for reducing the tax burden".