Arab Today, arab today lagarde bailout programme good enough for greece
Last Updated : GMT 19:02:40
Arab Today, arab today
Arab Today, arab today

IMF chief outlines coalition benefits

Lagarde: Bailout programme good enough for Greece

Arab Today, arab today

Arab Today, arab today Lagarde: Bailout programme good enough for Greece

Christine Lagarde feels Greece is in control of its financial future
Athens - Arabstoday

Christine Lagarde feels Greece is in control of its financial future No additional measures would be necessary for Greece if it carries out the reforms under its bailout programme, IMF chief Christine Lagarde said in an interview with the Sunday edition of Kathimerini .
"But if the structural reforms are not carried out... then more cuts would be necessary," the head of the International Monetary Fund told the Greek newspaper.
Entering a sixth year straight of recession, the heavily indebted country is relying on EU-IMF bailout packages.
It also received a private-sector debt cut early last year. Since 2010, the EU and IMF have committed €240bn ($320bn) in rescue loans to Greece, while last week the IMF unblocked a frozen tranche of €3.2bn from its pending aid package.
"Greece holds its future in its own hands... It is up to the country itself to succeed in its programme," Lagarde said.
The IMF chief said she had a very good working relationship with both the Greek prime minister and finance minister. "Prime Minister Antonis Samaras and I have a very good and honest relationship," she said, adding that the premier has even "surprised" her with his stance following his election.
Lagarde also said she believed the co-existence of three different parties in Greece's coalition government is beneficial.
"Regarding the implementation of the programme and the responsibilities towards the people, a wide coalition is much more important than a tight majority," she said.
Conservative Prime Minister Antonis Samaras's coalition government has lost 16 deputies since coming to power in June, as a result of opposition to continued austerity.
It now counts a majority of 163 seats out of an overall 300.
On Friday, the IMF's mission chief for Greece Poul Thomsen said the country will still need additional help from its European partners next year.

Source: AFP

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today lagarde bailout programme good enough for greece Arab Today, arab today lagarde bailout programme good enough for greece

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes

GMT 12:27 2017 Friday ,24 March

Democrats press Trump SEC nominee

GMT 21:20 2017 Thursday ,23 March

CBI sells more than $164m

GMT 19:19 2017 Wednesday ,22 March

Saudi Labor minister amends "Netaqat" program
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Actress Mervat Amin reveals her role in new series
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday