imf calls for more progress on greece bailout plan
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

IMF calls for 'more progress' on Greece bailout plan

Arab Today, arab today

Arab Today, arab today IMF calls for 'more progress' on Greece bailout plan

Washington economy
Washington - Arab Today

The International Monetary Fund called Monday for European countries to push ahead to reach a compromise on bailout reforms needed to unlock aid to Greece.

The IMF welcomed the Brussels meeting Monday where eurozone ministers said they had made some progress in the months-old dispute, with Greece agreeing to new bailout reforms.

But the IMF, which was a partner with the European Union in the first two Greek bailouts but has not participated in the current third rescue, said it was sending back a mission to Greece but more work was needed.

"More progress will be needed to bridge differences on other important issues; and it is too early to speculate about the prospect for reaching staff-level agreement during this mission," the IMF said in a brief statement.

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