The International Monetary Fund (IMF) said Thursday it saw no near-term “acute” financing pressures on Greece under its international bailout program.
“We believe that Greece’s financing needs in the coming months can be met from the existing liquidity buffer,” IMF spokesman Gerry Rice said. “We see no acute financing pressure.”
Staff teams of the European Commission (EC), the European Central Bank (ECB), and the International Monetary Fund (IMF) have concluded their visit to Greece following “productive and constructive discussions” with the authorities on the set of policies that could serve as a basis for the completion of the ongoing review of the country’s economic program, Rice also said.
Important progress has been made, but a few issues remain outstanding, the IMF spokesman also noted.
Rice declined to comment on what was holding up the troika’s review. “There are very difficult issues to be addressed in a range of areas, and I don’t think it’s surprising that it would take a while to work these through,” he told reporters.
Underlining the fact that Greece will present this year a primary surplus, Rice said “Greece has achieved an important target, a year earlier than expected,” adding that discussions will continue in early December.