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Athens Macedonian News Agency: News in English, 16-02-23
CONTENTS
[01] Athens, IMF decide on termination of Greek program
[01] Athens, IMF decide on termination of Greek program
A decision for the termination of Greece's IMF program was taken jointly
in order to avoid administrative costs related to the program, according
to a Greek finance ministry official on Tuesday.
Meanwhile, the IMF press officer for Greece, Andreas Adriano, said:
"The IMF confirms that the 2012 program has been terminated since January
2016 after a demand of the Greek authorities."
This program expired at the end of March and the government has already
applied for a new program. In case of an agreement, the IMF will prepare
a new detailed plan under the name Memorandum of Economic and Financial
Policies (MEFP), or Memorandum of Economic and Financial Policies.
Furthermore, the technical staff-members of Greece's institutional
creditors are expected to return to Athens for discussions on the fiscal
gap, pension reforms, tax issues and the issue of non-performing loans.
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