“Staff teams of the European
Commission (EC), the European Central Bank (ECB), and the International
Monetary Fund (IMF) have concluded their visit to Greece to discuss with
the authorities the set of policies that could serve as a basis for the
completion of the first review of the country’s economic adjustment
program.
“During the visit, the EC/ECB/IMF staff teams and the authorities had
comprehensive and productive discussions on the policies needed to
restore growth, employment and competitiveness, secure fiscal
sustainability in a socially balanced manner, and strengthen the
financial system.
“The authorities and staff teams agreed on most of the core measures
needed to restore the momentum of reform and pave the way for the
completion of the review. Discussions on remaining issues will continue
from respective headquarters and through technical representatives in
the field with a view to reaching full staff level agreement over the
coming days. Furthermore, financing issues will be discussed between the
official lenders and Greece.”