Arab Today, arab today lagarde sees move on imf loan after greece vote
Last Updated : GMT 02:53:22
Arab Today, arab today
Arab Today, arab today

Lagarde sees move on IMF loan after Greece vote

Arab Today, arab today

Arab Today, arab today Lagarde sees move on IMF loan after Greece vote

Washington - AFP

IMF chief Christine Lagarde welcomed Greek Prime Minister George Papandreou\'s commitment to hold his euro referendum soon and pledged to move on the next stage of the Fund\'s loan for Greece after the vote. \"I welcome the Prime Minister\'s indication that the referendum which has been announced will take place as soon as possible so that the Euro Summit agreement can be implemented expeditiously,\" Lagarde said in a statement in Cannes, France ahead of the G20 summit there. \"As soon as the referendum is completed, and all uncertainty removed, I will make a recommendation to the IMF Executive Board regarding the sixth tranche of our loan to support Greece\'s economic program,\" she added in the statement released in Washington, the Fund headquarters. Lagarde stressed that she was \"convinced that the agreement reached by the leaders of the Euro Area at their Summit last week, which includes a substantive reduction in Greece\'s debt burden and additional financial support for a new ambitious program, will greatly benefit Greece by helping to restore growth and create jobs. \" President Nicolas Sarkozy of France and Chancellor Angela Merkel of Germany meanwhile warned that Greece must decide if it wants to abide by the terms of a bail-out deal and to stay in the euro. Sarkozy warned that not a further cent in rescue loans would be transferred until Greeks made a clear response, with Athens set to run out of funds and default in weeks unless it receives eight billion euros. \"We hope to pursue Europe with our Greek friends,\" Sarkozy told a press conference following crisis talks with Papandreou, Merkel and EU and IMF officials. On Monday, Papandreou shocked Europe by saying he would put the terms of a bail-out deal agreed last week with European leaders to a referendum, sending panic through markets, which thought the rescue plan a done deal. Papandreou has said that a referendum could be held as early as December 4, and acknowledged that Greece\'s future in the euro was at stake.

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 sees move on imf loan after greece vote Arab Today, arab today lagarde sees move on imf loan after greece vote

 



Arab Today, arab today
Arab Today, arab today Ideen Belmahdy happy to be part of “ Fashion Star”

GMT 17:00 2017 Sunday ,26 February

Ideen Belmahdy happy to be part of “ Fashion Star”
Arab Today, arab today 17.4m tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4m tourists visit UAE in 2016
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: قضايا ساخنة
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Ola Ghanem hopes to work with M.Ramadan

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 13:47 2017 Friday ,24 February

Rabia Fatima reveals role of "Facebook" in her career

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre
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