Greek bailout talks set for Monday, as loan request sent to IMF

  • 9 years ago
In a key step in Greece’s quest for a third bailout package, the IMF is examining a demand from Athens for a new loan.

A letter was sent from the Greek Finance Ministry ahead of talks expected on Monday between Athens and its creditors.

“We will discuss with the Greek authorities and with our European partners the timing and the modalities for the discussions,” said the IMF in a statement.

Two reform measures seen as a prerequisite for the start of negotiations have already been approved by the Greek parliament.

At the talks will be representatives from the European Commission, the European Central Bank and the International Monetary Fund.

The prime minister accepted the new terms, saying he was against them, but they were necessary for Greece’s survival.

Many Greeks have praised Alexis Tsipras for his stance, but others are angry. Within the ruling party, Tsipras had to sack those opposed to the u-turn in the government’s position.

Former finance minister Yanis Varou