Statement by the EC, ESM, ECB and IMF on negotiations with Greece
IMF News, May 2, 2017
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- Statement by the EC, ESM, ECB and IMF on negotiations with Greece
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Bibliographic details
- Published: May 2, 2017
Summary of the announcement
- Press Release No. 17/145
- Date: May 2, 2017
- Issued by: IM F Communications Department
- MEDIA RELATIONS PRESS OFFICER: Andreas Adriano
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
Key substantive findings
- Staff teams from the European Commission, European Stability Mechanism, European Central Bank and International Monetary Fund have reached a preliminary agreement with the Greek authorities on a policy package to support the recovery in Greece.
- The Greek authorities have confirmed their intention to swiftly implement this policy package.
- This preliminary agreement will now be complemented by further discussions in the coming weeks on a credible strategy for ensuring that Greece's debt is sustainable.
Next steps and timeline
- Further discussions to take place in the coming weeks focused on a credible strategy for ensuring that Greece's debt is sustainable.