Greece tries to dispel uncertainty about the repayment of an IMF loan. “We will all meet our obligations to creditors,” said Finance Minister Yanis Varoufakis Sunday at a meeting of the International Monetary Fund (IMF).
The IMF is one of the creditors of the country. A first repayment to the IMF of € 448 million, next week should be done.
Meeting with IMF
The Greek minister had a meeting in Washington with Christine Lagarde, the chairman of the IMF. The meeting was according to Reuters news agency dedicated to the IMF loan which Greece Thursday the first part must repay.
There was international doubts whether Greece was willing to repay that loan. The Interior Minister Nikos Voutsis had an interview with the German magazine Der Spiegel suggested that his country would first spend the money available to the pensions and public sector wages of the Greeks. Repayment to the IMF did not have the highest priority.
Reform
Minister Varoufakis tried to take away all doubt Sunday. He also promised to “Greece profound reform ‘and’ increase the efficiency of the negotiations with the creditors.” In Greek newspaper Naftemporiki he called Monday even a deadline on the Eurogroup meeting of 24 April should be an ‘initial deal “there.
President Lagarde was pleased with the commitment of the Greeks and stated that teams from the IMF together with the European Commission and the European Central Bank Monday to continue their talks on the Greek debt issue.
Easing Conditions
Greece asked earlier for a relaxation of the conditions for European aid, but refused the creditors. Athens promised a concrete list of reforms, but there is still very little effect.
On April 9, so Athens must now make a payment of € 448 million from the IMF loan. The month after that lapse three times in a short-term loan of € 1.4 billion each. On May 12 must again be repaid on the IMF:. € 779 million the following weeks have increasingly large sums are repaid according to previous agreements with creditors.
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