–New Greece Authorities ‘Committed to Proceeding With Determination’
WASHINGTON (MNI) – The so-called troika concluded Sunday what they
called “productive” talks with Greece’s new government on policies
needed to meet the targets in the financial aid program, and will return
to Athens in early September for further discussion.
A joint statement by the European Commission, European Central Bank
and International Monetary Fund, said, “The discussions on the
implementation of the program were productive and there was overall
agreement on the need to strengthen policy efforts to achieve its
objectives.
“The Greek authorities are committed to proceeding with
determination in their work over the next month, and the EC/ECB/IMF
staff teams expect to return to Athens in early September to continue
the discussions,” the statement said.
The staff teams discussed with the new authorities “the economic
policies needed to restore growth and competitiveness, secure a
sustainable fiscal position, and underpin confidence in the financial
system in line with the objectives of the economic adjustment program
that is being supported by the three institutions,” the troika said.
** MNI Washington Bureau: 202-371-2121 **
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