The International Monetary Fund (IMF) is no longer necessary for Greece’s stabilization, from an economic point of view, a European Central Bank official said in a newspaper interview published on Tuesday.
“That’s a problem that the Europeans can solve alone,” ECB Governing Council member Ewald Nowotny told Austrian newspaper Die Presse.
Commenting on the possibility of debt relief for the country, he said “an explicit haircut is unlikely,” adding that “Greece has already made great progress.”
Asked about the recent wiretapping of telephone conversations of top IMF officials, he declined to comment, adding he doesn’t know anything about their authenticity. He noted however they constitute a blow to positive developments in Greece.
(source: ana-mpa)
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