IMF should show 'good faith' in Greek bailout talks: Macron

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AFP Athens
Last Updated : Sep 07 2017 | 10:42 PM IST
The IMF should show "good faith" and avoid making excessive demands of Greece should it choose to participate in the Greek rescue programme's remaining 11 months, French President Emmanuel Macron said today.
"The IMF's position should be in good faith and without added requirements," Macron said at the start of a two-day official visit to Greece.
Greece's third rescue programme, currently financially supported by EU states alone, runs to August 2018.
The IMF has said it will only contribute funds to the programme if EU creditors take further steps to lighten Greece's debt load, which has yet to happen over strenuous objections by Germany.
Macron on Wednesday bemoaned that the EU had to turn to outside assistance in the first place to rescue Greece in 2010, noting that this reflected a "lack of confidence" between European member states and institutions.
"I don't think that having the IMF supervise European programmes is a good method... The credibility and sovereignty of Europe justified doing things differently," Macron said.

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First Published: Sep 07 2017 | 10:42 PM IST

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