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Government's Economic Team Protests to IMF About Greek Blog in First Meeting With Institutions

ypourgeio-oikonomikonThe Greek government complained to the International Monetary Fund (IMF) on Tuesday about its handling of ongoing talks about the country’s second program review, saying negotiations cannot be done through blogs, government sources said, after a three-hour-long meeting between the government’s economic team with the institutions’ mission chiefs in Athens.
According to the same sources, the IMF responded that it didn’t want to complicate the negotiations but to clarify its position. The Greek team referred to an article co-authored by IMF’s Maurice Obstfeld, Economic Counselor and Director of Research at the Fund, and Poul Thomsen, Director of the IMF’s European Department, who denied that the IMF was demanding more austerity from Greece. They also ask that Greece legislates in advance measures for 2019 and 2020, which the Greek government doesn’t accept.
The aim of the new round of talks is to achieve a staff-level agreement in the coming days on most issues, including the 2018 budget, the sources said. The two sides also discussed the government’s announced one-off benefits for low-income pensioners and the suspension of a VAT rise on the islands of the northeastern Aegean.
(source: ana-mpa)

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