Athens Macedonian News Agency: News in English, 16-03-01

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] Tsipras: Conclusion of first program review paves the way for debt relief discussion

[01] Tsipras: Conclusion of first program review paves the way for debt relief discussion

"I was not in favour of the IMF's participation in the program, but I had to accept it in order to reach an agreement," he explained.

Referring to the disagreements among the institutions on the Greek program, he underlined that the European institutions should ask from the Fund to turn to realism and accept reforms in the program or withdraw.

The Greek prime minister reiterated the need for the immediate conclusion of the first program review, adding that Greece fully respects the agreement and the conclusion of the program review will pave the way for the discussion on debt relief. "The first program review will give the green light for the disbursement of funds and a large part will be given for servicing the public debt. The main thing is, however, economic growth," he stated.

On non-performing loans, he reassured that the government protects the first residence.

Regarding capital controls, Tsipras estimated that they will be lifted in the second half of the year. "After the first program review and the debt relief, the country will turn page," he noted.

Athens News Agency: News in English Directory - Previous Article - Next Article