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The figures of the Greek economy are not good

14 April 2015 / 10:04:24  GRReporter
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"The Greek government does not allow the technical teams that are in Athens to obtain information on the state of the Greek economy," head of the European Department of the International Monetary Fund (IMF) Poul Thomsen states in an interview with correspondent of Antenna TV in Washington Thanassis Tsitsas. Poul Thomsen and head of the IMF mission to Greece Rishi Goyal have informed the IMF Board of Directors on the progress of the Greek bailout programme, the status of the negotiation process and the Fund's experts' evaluation of the possibility of reaching an agreement with the Greek side by the end of April.
     By the end of 2015 alone, the IMF must obtain from Greece the amount of 6.34 billion euro due to repay the obligations under the first bailout provided to Athens in May 2010. The total bailout provided by the IMF amounts to 28 billion euro.
    Poul Thomsen has informed the Board that the macroeconomic indicators of Greece are not good, without submitting specific figures, since as the Greek government does not allow the experts from the Fund to access the statistical information they are unable to present any figures on the budget deficit or growth of the Greek economy.
    Poul Thomsen has said that the negotiation procedure selected by the institutions and the Greek government is not working, there are many gaps and it does not seem possible for the IMF cto complete its mission so as to pay any tranche to Athens.
    The head of the European Department of the IMF stresses, "Greece can be kept alive only if its European partners decide to provide it with liquidity by 24 April." The International Monetary Fund will not pay any bailout amounts without reforms in the labour relations and in the pension system, and there will be no report on the state of Greece if the heads of missions of the three institutions to the country do not arrive in person in Athens.

Tags: Poul ThomsenInternational Monetary FundBailout to Greecemacroeconomic indicatorsbudget deficitEuropean partners
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