Last week said Greece’s interior minister that the country might have to prioritize the payment of wages and pensions rather than pay into 450 million euros Monetary Fund.
But Greece’s show Treasury promised last Friday that Athens intended to the deadline. After a meeting with Finance Minister Yanis Varoufakis in Washington Sunday evening confirms IMF chief Christine Lagarde that the Greeks have undertaken to pay the bill on time.
The two talked about the Greek reform program and, according to a statement from Lagardian office, they agreed that everyone has an interest in effective cooperation.
Varoufakis discusses the so-called informal discussions about Lagarde as productive. The Greek economy has hold afloat on big emergency loans from the EU and IMF since 2010. The IMF demands that Greece delivers a list of reforms that meet the requirements of a tight fiscal policy before the country receives the rest of the crisis loan, ie 7.2 billion euros.
The fear is that Greece will run out of money before the Greeks came with a reform list that the other countries will accept. (© NTB)
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