There is no specific deadline for the activation of the International Monetary Fund’s program for Greece, its spokesperson Gerry Rice said on Thursday, during a regular press briefing in Washington.
The aim of the government is to close the second programme review on December 5, implement medium term measures on debt and then discuss medium term and long-term measures on debt, government spokesman Dimitris Tzanakopoulos said on Friday in a press briefing.
Greece needs significant pension reforms to make the system sustainable but this must be accompanied by debt relief from its European partners, International Monetary Fund (IMF) Managing Director Christine Lagarde said on Thursday in a press conference.
Finance Minister Euclid Tsakalotos on Sunday in an interview with Kathimerini expressed optimism that the government will overcome the obstacle of the negotiations with the creditors.
The details of state debt settlement schemes – such as the 100-installment scheme introduced last year or the electronic 12-month scheme available at present – are currently the bone of contention in talks between Greek authorities and the institutions, sources said on Tuesday.