IMF Says Implementation Is Key for Greek Payment to Go Through
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The main challenge for a disbursement under a Greek bailout package is the implementation of measures agreed to by Greece and finance ministers of the euro region, including a buyback of Greek bonds, an International Monetary Fund spokesman said.
“We believe this is a significant and concrete package that can put Greece’s debt back on a sustainable path,” IMF spokesman Gerry Rice told reporters in Washington today. “We have welcomed this but of course its success requires both Greece and the European partners to fully implement their commitments.”