The EU and IMF on Sunday hastened to prevent a rift with Greece, after the debt-hit country slammed one of their auditors over controversial calls for a huge state asset sale to keep Athens’ tortuous recovery on track.
The two organisations and the European Central Bank, which are supervising a tough austerity mandate for Greece, issued a statement expressing “the deepest respect” for the “tremendous” fiscal overhaul undertaken in Athens.
The three, known as ‘Troika’ in Greece, added that the ongoing austerity measures were based on “mutual trust”.
“Our three institutions have full respect for the prerogatives and initiatives of the government in all areas of economic decision-making, and our role is to advise and support the government while considering options during the decision-making process,” their statement said.
“It is regrettable if a different impression was perceived at any time.”
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