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Strauss-Kahn: Greek economy at 'crucial crossroads'; major reforms pending

Δημοσίευση 13 Δεκεμβρίου 2010, 11:25 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Strauss-Kahn: Greek economy at 'crucial crossroads'; major reforms pending
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The Greek economy's reform programme is at a "crucial crossroads", because success depends on the promotion of a variety of major and radical change within the next few months, IMF Managing Director Dominique Strauss-Kahn was quoted in the Sunday edition of the newspaper "Kathimerini".

The Greek economy's reform programme is at a "crucial crossroads", because success depends on the promotion of a variety of major and radical change within the next few months, IMF Managing Director Dominique Strauss-Kahn was quoted in the Sunday edition of the newspaper "Kathimerini".

"We will work with our European partners for a solution that allows Greece more room to breathe," he said, while hinted at the possibility of changes to an EU-ECB-IMF memorandum envisioned in the 110-billion-euro bailout plan.

Moreover, he reiterated the IMF's support in favour of an extension of the payback period for the support mechanism's loans.