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Catsambas Says He Never Discussed Third Greek Bailout

International Monetary Fund official Thanos Catsambas denied he said Greece will need a third bailout.

“There was never a discussion or reference to a ‘third bailout program,’” as suggested by media reports earlier today, Catsambas, an alternate executive director at the IMF, representing Greece, said in a statement issued by the Washington-based fund today.

He also said he didn’t take a position on Greece’s euro-area funding partners. He said he never “insisted” that it should be the euro zone and ECB that fill the rest of Greece’s financing gap, according to the statement.

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