## Statement by the EC, ESM, ECB and IMF on negotiations with Greece

_IMF News, May 2, 2017_

## Source details

**Canonical URL:** [Statement by the EC, ESM, ECB and IMF on negotiations with Greece](https://www.imf.org/en/news/articles/2017/05/02/pr17145-statement-by-the-ec-esm-ecb-and-imf-on-negotiations-with-greece)

## Other formats

- [Markdown version](/en/news/articles/2017/05/02/pr17145-statement-by-the-ec-esm-ecb-and-imf-on-negotiations-with-greece/index.md)
- [Structured JSON version](/en/news/articles/2017/05/02/pr17145-statement-by-the-ec-esm-ecb-and-imf-on-negotiations-with-greece/index.json)
- [Bundle manifest](/en/news/articles/2017/05/02/pr17145-statement-by-the-ec-esm-ecb-and-imf-on-negotiations-with-greece/bundle-manifest.json)

## 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.

---


## References

- [Greece and the IMF](http://www.imf.org/external/country/GRC/index.htm)
- [Press Releases](https://www.imf.org/en/news/searchnews)
- [PRESS CENTER](http://presscenter.imf.org/)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2017/05/02/pr17145-statement-by-the-ec-esm-ecb-and-imf-on-negotiations-with-greece_