Greece’s influential central banker was quoted on Sunday as saying that the IMF should not be persuaded otherwise if it wants to exit the Greek program, fueling speculation ahead of negotiations aimed to conclude the third review of the ongoing bailout.
“If it (IMF) wants to leave, then it should leave … we don’t need them,” Bank of Greece (BoG) Gov. Yannis Stournaras was quoted as saying by the Athens weekly To Vima.
Stournaras’ high-profile statement was carried a day before the Euro Working Group convened on Monday, a session that is expected to mark the commencement of negotiations for the third review of the Greek bailout program.
A Eurogroup meeting in Tallinn on 15 September is expected to provide some indication of the progress made and the agenda that of the review. The initial plan is for the review to be wrapped up mid-November or early December at the latest.
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